If a defined benefit pension cannot, for whatever reason, make good on the promises to retirees, the
A. retirees must sue their former employer.
B. pensions are paid by the Pension Guaranty Trust Corporation.
C. retirees are out of luck.
D. retirees get an extra payment from Social Security.
Answer: B
Economics
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Which of the following is the least likely to be investment?
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Ending the "Great Inflation" era in the 1970s is an example of
A) inflation targeting. B) exchange rate targeting. C) central bank independence. D) appointment of a more conservative central banker. E) all of the above.
Economics