If the ratio of workers to retirees falls from 3:1 to 2:1 as is expected, then to maintain the level of benefits in programs such as Social Security, workers will have to ______________ than workers do now.

Question

Quizplus · Accepted Answer

With fewer workers supporting more retirees, the burden on each worker would increase, meaning that workers would have to pay significantly higher taxes to maintain the same level of benefits in programs such as Social Security.

If the Ratio of Workers to Retirees Falls from 3:1