According to the wealth substitution effect, workers will save less as they substitute Social Security wealth for other types of wealth that could be financed by saving.
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Q2: The rate of return on Social Security
Q3: The ratio of primary insurance amount (PIA)
Q4: If the supply curve of labor is
Q5: In a fully-funded private retirement fund, assets
Q6: According to Martin Feldstein, Social Security has
Q7: Projections show the OASI Trust Fund being
Q8: Because Social Security is a risky investment,
Q9: Social Security is indexed for inflation, while
Q10: If the supply curve of labor is
Q11: Social Security may result in an increase
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