A factor that would reduce the ability of the Social Security system to maintain current benefit levels with constant tax rates is

a. rapid real wage growth.
b. reduced population growth.
c. adoption of a "pay as you go" system.
d. a slowdown in inflation.

b

Economics

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GDP is a good measure of the distribution of income

Indicate whether the statement is true or false

Economics

If an individual moves money from a savings deposit account to a money market deposit account

A) M1 decreases and M2 stays the same. B) M1 stays the same and M2 increases. C) M1 stays the same and M2 stays the same. D) M1 increases and M2 decreases.

Economics