Throughout this test, write your answer on the form provided. Erasure marks may cause the grading machine to mark your answer wrong. INSTRUCTIONS: The following selections relate to distinguishing arguments from nonarguments 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.
A) Nonargument.
B) Argument; conclusion: If part of today's contributions ... cannot be paid out.
C) Argument; conclusion: Social security privatization ... federal deficit.
D) Argument; conclusion: The Social Security System ... to yesterday's retirees.
E) Argument; conclusion: To make up the shortage ... massive amounts of money.
C
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