Economics true and false - I get them wrong every time can you please help me?

[samFirst Name]

1. Both Social Security and Medicare are social insurance programs.
True
False


2.Workers and their employers share the burden of Social Security taxes.
True
False


3.Because Social Security increases savings, more funds are available for investment in the overall economy.
True
False


4.Third-party payments increase the efficiency of medical markets.
True
False


5.Managed care plans provide incentives for supplying excessive services.
True
False

 

[Just did it!]

1.T
2.T
3.F - no savings in current US SS program, it just redistributes income

 

[Buy the Numbers]

If you guess and explain your reasoning at each one , then I'll help you out.