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Which of the Following Statements About Social Security Is FALSE

Question 3

Multiple Choice

Which of the following statements about Social Security is FALSE?


A) Social Security was established in 1935.
B) It is a program based on forced savings.
C) Contributors receive benefits in strict proportion to their contributions.
D) Social Security redistributes wealth from younger workers to older retirees.
E) It is a fairly popular program among U.S. citizens.

Correct Answer:

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