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    Economics of Social Issues
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    Exam 15: Social Security and Medicare: How Secure Is Our Safety Net for the Elderly
  5. Question
    Social Security May Increase the Level of Personal Saving Due
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Social Security May Increase the Level of Personal Saving Due

Question 20

Question 20

Multiple Choice

Social Security may increase the level of personal saving due to


A) The retirement effect
B) The bequest effect
C) The wealth substitution effect
D) (a) and (b)
E) (b) and (c)

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