Empirical evidence suggests that Social Security has _______ the overall supply of labor.
A)Had no effect on
B)Reduced
C)Increased
D)Stimulated
E)Done none of the above to

Question

Quizplus · Accepted Answer

Studies have shown that Social Security reduces the overall labor force participation. This is because individuals may choose to retire earlier or work less in order to receive Social Security benefits.

Empirical Evidence Suggests That Social Security Has _______ the Overall