Which of the following explains why public employees (more frequently than private employees) tend be in defined benefit programs?

A. They tend to begin and end their career with the same employer.
B. They tend to fall for Ponzi schemes.
C. They tend to move from employer to employer.
D. They have well-funded private savings plans.

Answer: A

Economics

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The natural rate hypothesis concludes that when the inflation rate increases, then in the long run there is

A) an upward movement along the short-run Phillips curve. B) an upward shift of the short-run Phillips curve. C) a downward shift of the short-run Phillips curve. D) no change at all in the short-run Phillips curve. E) a downward movement along the short-run Phillips curve.

Economics

Explain how games with more than three players are represented graphically

What will be an ideal response?

Economics