Paying into a pension fund while you are earning wages and salaries is equivalent to

a. borrowing money.
b. lending money.
c. withdrawing from a savings account.
d. paying off debt.

b

Economics

You might also like to view...

Economic stagnation coupled with high inflation is commonly called:

A. stagflation. B. inflationary stagnation. C. stagnatory growth. D. inflagnation.

Economics

The Dansby-Willig index measures the potential for a change in social welfare by examining the effect of changes in industry:

A. revenue. B. production cost. C. output. D. profit.

Economics