Monday, May 01, 2006

Qn:887

Unlike a funded pension system, in which contributions are invested to pay future beneficiaries, a pay-as-you-go approach is the foundation of Social Security.

(A) a pay-as-you-go approach is the foundation of Social Security
(B) the foundation of Social Security is a pay-as-you-go approach
(C) the approach of Social Security is pay-as-you-go
(D) Social Security’s approach is pay-as-you-go
(E) Social Security is founded on a pay-as-you-go approach



Official Answer: E
posted by Ravanan at Monday, May 01, 2006

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