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Two Reasons Why the Social Security System Nearly Went Bankrupt

Question 121

Multiple Choice

Two reasons why the Social Security system nearly went bankrupt in the early 1980s are: (i) wages were indexed but benefits were not; (ii) the percentage of elderly people in the country declined.


A) i and ii 
B) i but not ii 
C) ii but not i 
D) neither i nor ii

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