Author Question: The pay-as-you-go system for the Social Security System entails. ________. A) a transfer of ... (Read 118 times)

fnuegbu · **on:** Jun 30, 2018

The pay-as-you-go system for the Social Security System entails. ________.

A) a transfer of payments from those currently working to retirees
B) taxing the import and export of goods and services into an out of the United States
C) a number of current retirees that exceeds the number of employed individuals
D) issuing additional government debt in the event of budget surplus

Question 2

In the U.S., government expenditure accounts for

a. 10 of GDP
b. 20 of GDP
c. 40 of GDP
d. government expenditure is not included in GDP