​ ​ INSTRUCTIONS: The following selections relate to disting…

Questions

​ ​ INSTRUCTIONS: The fоllоwing selectiоns relаte to distinguishing аrguments from nonаrguments and identifying conclusions. Select the best answer for each.The Social Security system is a pay-as-you-go arrangement where contributions by today's workers are paid out to yesterday's retirees. If part of today's contributions go into private retirement accounts, they cannot be paid out. To make up the shortage, the government would have to borrow massive amounts of money. Hence, Social Security privatization would cause a huge increase in the federal deficit.