One Proposed Solution to the Funding Problems Faced by Social

Multiple Choice

One proposed solution to the funding problems faced by Social Security and Medicare is to increase the retirement age from 67 to 70.Although this would mean billions of dollars in savings for these federal programs,an unintended consequence may be

A) a decrease in life expectancy.
B) an increase in the unemployment rate.
C) an increased number of elderly people in the workforce.
D) less incentive for people to work longer.
E) an increased incentive for people to work longer.