One argument offered by economists for having a Social Security system is that if there were no Social Security, workers might
A)work too long.
B)not fully comprehend how hard it might be to continue working into their 70s.
C)save too much.
D)overestimate the value of retirement.

Question

Quizplus · Accepted Answer

Social Security provides a safety net for older adults, ensuring they have income when they are no longer able to work. Without it, workers might not realize the challenges of continuing to work into their 70s, including potential health issues and decreased job opportunities, leading to inadequate preparation for retirement.

One Argument Offered by Economists for Having a Social Security