The "implicit debt" accompanying the Social Security and Medicare programs is
A) substantially greater than the national debt.
B) approximately equal to the national debt.
C) about half the size of the national debt.
D) about one tenth the size of the national debt.

Question

Quizplus · Accepted Answer

Implicit debt refers to the unfunded obligations of programs like Social Security and Medicare, which are projected to be substantially greater than the current national debt due to the aging population and rising healthcare costs.

The "Implicit Debt" Accompanying the Social Security and Medicare Programs