Among the factors accounting for the rapid build-up of the Social Security trust fund is:

Question

Quizplus · Accepted Answer

The large increase in the labor force due to the entrance of baby-boomers is a major factor accounting for the rapid build-up of the Social Security trust fund. As the baby-boom generation entered the labor force, they contributed to the Social Security trust fund through payroll taxes, which helped to build up the trust fund. The increase in the labor force also meant that there were more workers contributing to the fund, which helped to further build up its reserves.

Among the Factors Accounting for the Rapid Build-Up of the Social