The replacement rate in the context of Social Security refers to the amount of preretirement pay that is replaced by the Social Security retirement benefit. Compared with high-wage earners, for low-wage earners, the replacement rate is:
A. lower.
B. higher.
C. none.
D. None of the answers is correct.
Answer: B
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a. true b. false
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Answer the following statement true (T) or false (F)
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a. True b. False Indicate whether the statement is true or false
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