Multiple Choice
Social Security
A) collects taxes from current workers and invests this money to repay the workers when they retire.
B) is based on the same principles as private insurance programs.
C) is an intergenerational transfer program that takes money from current workers and transfers it to current retirees.
D) is designed so that administrative decisions can be made independent of political concerns.
Correct Answer:
Verified
Correct Answer:
Verified
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