Question: The U.S. Social Security program is funded on a PAYGO basis along with a trust fund. Explain what rationales might account for this hybrid method

The U.S. Social Security program is funded on a PAYGO basis along with a trust fund. Explain what rationales might account for this hybrid method of financing.

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As noted in the Appendix a PAYGO system is attractive because it provides a positive rate of ... View full answer

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