Which of the following would be a benefit of privatizing Social Security?
A) Savings would be managed by federally paid financial planners,thus insulating individuals from excessively high management fees.
B) Individuals with varying degrees of risk aversion would have options regarding how they wanted to invest.
C) Administrative costs are lower with privatization than with the federal program.
D) Government would no longer need to be involved in any way.
Correct Answer:
Verified
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