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Explain the differences between the two social security systems: the fully-funded system and the pay-as-you-go system. In your comparison, make sure you 1) explain clearly

Explain the differences between the two social security systems: the fully-funded system and the pay-as-you-go system. In your comparison, make sure you 1) explain clearly what these two systems are; 2) explain who would benefit from the pay-as-you-go system and who would lose by comparing scenarios that differ in interest rates and population growth rates; and 3) explain different risks associated with these two systems

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