Suppose that the economy is currently at full employment. All other things being equal, if central bank implements contractionary policy, then the appropriate fiscal policy is to

Professional football players receive, on average, higher wages than professional soccer players in the United States because

A) football is a more dangerous sport. B) professional football teams can draw huge crowds and charge high prices for tickets. C) professional football teams use a draft system. D) the soccer season is longer and so players will be unemployed for a smaller portion of the year.

All of the following are potential benefits of defined contribution plans EXCEPT:

A) clear ownership rights to the balances of their 401Ks B) lower risk for employees C) if the employee's investments are profitable, the employee can have high income during retirement D) contributions to traditional 401Ks are tax deductible