4. Identify each of the below as True and False. No explanation needed. A) To qualify for Social Security you have to work ten full years, although the years do not have to be consecutive. B) The Earned Income Tax Credit (EITC) is a way of subsidizing those who are unable to work and have no earnings. C) In the year prior to retirement, a worker earned $20,000 and paid $2,000 in taxes on those carnings. His annual Social Security pension is $9,000 per year. Then it follows that his net replacement rate is 50 percent. D) According to the Coase theorem, corrective taxes are necessary to internalize negative externalities when the transactions costs of exchanging property rights to use resources are zero. E) In the Social Security system the combined employee-employee tax rate started out at 2% in 1937 and rose from time-to-time with the last large increase happening in 2001 which set the combined rate to 15.3% F) Businessman turned politician H. Ross Perot is well-known for being one of the original billionaires who proposed the idea of Universal Basic Income