A report from the UK argues that means-tested benefits (benefits paid according to income) ought to be introduced for benefit payments to elderly people, and that any savings made should then be used to fund means-tested benefits for young adults. This is because some elderly people now have relatively high real incomes. Which outcome is most likely?
- AEquality amongst young adults will decrease.
- BEquality amongst the elderly will decrease.
- CIntergenerational equality will increase.
- DThere will be an increase in transfer payments.