fully funded social security program ..... OA. works when the population growth rate exceeds the real interest rate. O B. is always better than a pay-as-you-go system. O C. redistributes income between generations. O D. solves the Ricardian equivalence problem. DE. is forced savings, but can work if the government cannot commit to bailing out destitute n
fully funded social security program ..... OA. works when the population growth rate exceeds the real interest rate. O B. is always better than a pay-as-you-go system. O C. redistributes income between generations. O D. solves the Ricardian equivalence problem. DE. is forced savings, but can work if the government cannot commit to bailing out destitute n
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST4: Keynes And Hayek: Contrasting Views On Sound Economics And The Role Of Government
Section: Chapter Questions
Problem 3CQ
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