Spending on Medicare and Social Security is expected to grow over the next few decades as the

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Spending on Medicare and Social Security is expected to grow over the next few decades as the share of the population who are elderly grows. Explain why an aging population increases government spending on these programs. How might future spending change if Medicare and Social Security were discretionary spending programs instead?

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Principles Of Economics

ISBN: 9781319330156,9781319419769

2nd Edition

Authors: Betsey Stevenson, Justin Wolfers

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