Suppose a new employee is promised a pension payment of $8000 in the twenty-fourth year after joining the firm. The current pension contribution of $1200 a year. Assuming an eight percent rate of return, this pension plan is said to be
A) fully funded.
B) partly funded.
C) unfunded.
D) fully vested.
B
Economics
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Refer to the figure above. What is the equilibrium quantity of credit when the credit demand curve is CD1 and the credit supply curve is CS1?
A) $50 B) $20 C) $40 D) $30
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Explain why the multiplier in an open economy is different from the multiplier in a closed economy
What will be an ideal response?
Economics