A couple True/False questions I'm stumped on.
True or False: Most social security analysts now agree that a pure PAYG (pay as you go) system is not sustainable.
True or False: Only 10 countries in the world have social security systems with funded privately managed accounts.
Thanks!
http://ideas.repec.org/p/ces/ceswps/_1378.html
http://www.ncpa.org/pub/st253/
To determine the answers to these true/false questions, we first need to understand the concepts being discussed.
1. True or False: Most social security analysts now agree that a pure PAYG (pay as you go) system is not sustainable.
Explanation: A pure PAYG system refers to a social security system where current workers' contributions are used to pay benefits to current retirees, with no separate funding or reserves. To answer this question, we would need to consider the current prevailing opinions among social security analysts.
To find the answer:
1. Research articles, reports, or studies on the sustainability of a pure PAYG system in social security.
2. Look for expert opinions from economists, policymakers, and social security analysts.
3. Consider whether demographic changes, such as an aging population or declining birth rates, affect the sustainability of a pure PAYG system.
4. Assess and compare the arguments and evidence provided by various sources.
Based on the analysis, you can determine whether most social security analysts agree or disagree with the statement. The answer to the first question may vary depending on the current state of research and expert opinions.
2. True or False: Only 10 countries in the world have social security systems with funded privately managed accounts.
Explanation: A funded privately managed account refers to a retirement savings account that is managed by private financial institutions rather than a government-run social security system. To determine the answer to this question, we need to examine the prevalence of such systems globally.
To find the answer:
1. Research information on social security systems and retirement savings accounts across different countries.
2. Look for data or reports from reputable sources such as international organizations, government agencies, or financial institutions.
3. Identify the countries that have social security systems with funded privately managed accounts.
4. Compare the number of countries with these systems to determine if there are only 10 or more.
Based on the research and data available, you can determine whether the statement is true or false. The answer to the second question will depend on the current information on social security systems globally.