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If the Current Social Security System in a Country Is

Question 74

Multiple Choice

If the current Social Security system in a country is a "pay-as-you-go" system,it means that:


A) employers and employees must pay taxes once in a month.
B) employers pay the bulk of employees' retirement costs.
C) individual retirement accounts are set up for each work as they go.
D) taxes from current workers are transferred to current retirees.

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