Since 1950, the labor force participation rate of older Americans has primarily
A. Decreased because of the low marginal tax rate implicit in the Social Security system.
B. Increased because of the high marginal tax rate implicit in the Social Security system.
C. Increased because of the low marginal tax rate implicit in the Social Security system.
D. Decreased because of the high marginal tax rate implicit in the Social Security system.
Answer: D
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What will be an ideal response?
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