Which of the following statements about the Social Security,Medicare,and Medicaid programs is true?
A) Spending on these three programs will rise from 10.4% of GDP currently to 19.7% of GDP by 2040.
B) Costs are being driven up by the fact that Americans are living longer and medical costs are rising substantially.
C) Some economists have argued for decreasing taxes to help with these programs' funding problems.
D) Some economists have argued for increasing benefits to help with these programs' funding problems.
Correct Answer:
Verified
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Q24: An increase in the money supply is
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Q27: Active changes in tax and spending by
Q29: Which of the following would be considered
Q30: Social Security
A)has not been successful in reducing
Q31: President Trump's proposed increase in spending on
Q32: The fastest growing category of government expenditure
Q33: Forecasts by the Congressional Budget Office show
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