LAST WORD What do economists mean when they refer to Social Security as a pay-as-you-go plan? What

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LAST WORD What do economists mean when they refer to Social Security as a pay-as-you-go plan? What is the Social Security trust fund? What is the nature of the long-run fiscal imbalance in the Social Security retirement system?

What are the broad options for addressing this problem?

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Economics

ISBN: 9780073336947

17th Edition

Authors: Campbell McConnell , Stanley Brue

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