Privatization of the Social Security System Would Lead to Which

question 74

Multiple Choice

Privatization of the social security system would lead to which of the following adverse outcomes?

• A)The private companies would make a lot of profit and deprive the investors of their legitimate returns.
• B)Many people would invest irrationally and end up earning nothing.
• C)The amount of benefit received would drastically fall as the private firms do not have social obligations.
• D)It might lead to accumulation of substantial black money.
• E)There would be an increase in government borrowing and debt creation.

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Definitions:

Taste

A sense that allows us to perceive and differentiate flavors in substances, primarily through the taste buds on the tongue.

Strawberry

A sweet, red, heart-shaped fruit known for its juicy texture and distinctive aroma, belonging to the genus Fragaria.

Vanilla

Often used to describe something that is standard, basic, or without any special features or enhancements, especially in the context of food, sexual preferences, or software.

Fish

Aquatic, gilled vertebrates typically covered with scales and equipped with two sets of paired fins and several unpaired fins.