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Thundr28
"Freeze" on total expenditures, benefits per retiree, and tax payments per worker?
Concerned about the future of the Social Security, some members of the Congress propose a "freeze" on the economy:
a. If total expenditures were frozen, what would happen to benefits per retiree? to tax payments per worker?
b.if benefits were frozen, what would happen to total expenditures? to tax payments per worker?
C. IF TAX PAYMENTS PER WORKER WERE FROZEN, WHAT WOULD HAPPEN TO TOTAL EXPENDITURES? TO BENEFITS PER RETIREE?????
d. what do these answers imply about the difficult decisions faced by policy makers?
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