Since the Social Security system began in 1935, the number of workers per retiree has
A) continually declined. B) stayed roughly the same.
C) continually risen. D) risen and declined with different generations.
A
Economics
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The Social Security System
A) pays benefits to people which are directly related to how much they contributed during working years. B) collects money from an individual and uses the accrued interest on those funds to pay the person's retirement benefits. C) is based on a "pay-as-you-go" principle. D) All of the above.
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Moral hazard encourages people to take risks.
Answer the following statement true (T) or false (F)
Economics