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Describe How Social Security Is a "Pay-As-You-Go" System

Question 34

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Describe how Social Security is a "pay-as-you-go" system. How do dependency ratios help us project future contributions to and payouts from Social Security? Can Social Security continue to run as a purely pay-as-you-go system in the future? Explain.

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Social Security is a "pay-as-you-go" sys...

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