In the context of Social Security benefits, which of the following statements is true about replacement rate?
A) It actually favors households with a single earner.
B) Couples with two high-earning spouses receive the highest benefits in terms of replacement rates.
C) It is the percentage of household savings that Social Security replaces for a deceased spouse.
D) Replacement rates are the same for earning and non-earning couples.
Correct Answer:
Verified
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A)
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