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Which of the Following Statements Is False

Question 22

Multiple Choice

Which of the following statements is False?


A) A cut in Social Security benefits of 12.8 percent for each of the next 75 years would close the 75-year funding gap
B) If started now, the long-run Social Security deficit could be avoided by raising taxes.
C) If all surplus funds in the Social Security Trust Fund were invested in private securities, the long-run Social Security deficit would be eliminated.
D) Increasing the retirement age by four years would help finance pension liabilities.

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