
Governments are trying to reduce the burden of transfer payments in economies with an ageing population.
Which policy would help to achieve this aim?
Select ONE answer:
- introducing financial support for university students
- linking pension increases to the consumer price index during inflation
- raising the retirement age
- reducing state pensions to finance an equal rise in unemployment benefit
Show your workings to arrive at your answer, and explain and justify your reasons:
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This multiple-choice question is suitable for Economics KS4 and KS5 classes.
The answer is 3
- Not correct
- Not correct
- Correct
- Not correct
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