Sample interview questions: How do you evaluate the potential impact of technological advancements on government pension systems?
Sample answer:
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Analyze the impact of technological advancements on the labor market. Technological advancements can lead to automation, which can reduce the demand for labor and depress wages. This can have a negative impact on government pension systems, as it can lead to a decrease in contributions and an increase in claims.
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Assess the impact of technological advancements on the cost of living. Technological advancements can also lead to a decrease in the cost of living, as they can make goods and services more affordable. This can have a positive impact on government pension systems, as it can reduce the amount of money that pensioners need to spend on basic necessities.
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Evaluate the potential impact of technological advancements on the government’s ability to collect taxes. Technological advancements can make it easier for the government to collect taxes, as they can make it easier to track economic activity and identify tax evaders. This can have a positive impact on government pension systems, as it can increase the amount of revenue that is available to fund pensions.
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Source: https://hireabo.com/job/7_4_27/Public%20Finance%20Analyst