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What does the term pay-as-you-go mean in relation to the method by which Social Security pays benefits? A. Taxes on the benefits of retired people

What does the term pay-as-you-go mean in relation to the method by which Social Security pays benefits?

A. Taxes on the benefits of retired people are used to pay benefits to current beneficiaries.

B. Taxes on current workers are used to pay benefits to current beneficiaries.

C. Monthly premiums paid by all workers are used to pay benefits.

D. General revenues are used to pay Social Security benefits.

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