Which of the following is true today of the developed world?
A) Developed countries are hard-pressed to maintain their current levels of public assistance.
B) In the last two years, most developed countries have increased their social safety nets.
C) In the past, slow economic growth did not permit rich countries to finance generous programs.
D) In recent years economic growth has increased, whereas the percentage of people needing public assistance has decreased.
E) None of the above is true.

Question

Quizplus · Accepted Answer

Developed countries are facing budgetary pressures and rising debt levels that make it difficult to maintain current levels of public assistance without increasing taxes or cutting spending elsewhere. This has been exacerbated by demographics (an aging population) and global economic challenges.

Which of the Following Is True Today of the Developed