The Main Macroeconomic Implication of a Fully Funded Social Security

Multiple Choice

The main macroeconomic implication of a fully funded social security system is:

A) no effect on total saving and capital accumulation increases.
B) no effect on total saving and capital accumulation decreases.
C) no effect on total saving and no effect on capital accumulation.
D) total saving increases and no effect on capital accumulation.
E) total saving decreases and no effect on capital accumulation.