If you overheard a worker say that her pension would only give her what she put in and the interest she garnered on those savings, regardless of how long she had worked for the company, you would know she had

A. a defined benefit pension program.
B. a defined contribution program.
C. been exempted from Social Security.
D. a Ponzi scheme.

Answer: B

Economics

You might also like to view...

If the inverse demand curve a monopoly faces is p = 100 - 2Q, and MC is constant at 16, then profit maximization is achieved when the monopoly sets price equal to

A) 16. B) 21. C) 25. D) 58.

Economics

Does voluntary exchange create wealth (value)?

What will be an ideal response?

Economics