Consumer Choice Theory Predicts That, with Identical Consumers, Fully-Funded Social

Consumer choice theory predicts that, with identical consumers, fully-funded social security

A) makes some generations better off, and cannot make any generation worse off.
B) always makes all generations worse off.
C) may be Pareto improving.
D) may make some generations worse off and cannot make any generation better off.
E) can potentially reduce welfare.