Pension plans in which employer contributions are set by the plan and benefits depend on the performance of the assets in the plan is called a
A) defined benefit plan.
B) defined contribution plan.
C) a fully vested plan.
D) an unfunded plan.
B
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Which of the following transactions is a debit in the US current account?
A) Export of merchandise B) Export of services C) Gifts to foreigners D) Foreign bond purchases
For the period we are studying (1789–1860), the United States
(a) was a high tariff, protectionist nation. (b) derived the vast majority of federal revenues from the tariff. (c) was divided on the question of the tariff, with the South generally in opposition to it. (d) was characterized by all of the above.
"Which came first, the chicken or the egg?" This question seeks to address the common fallacy of __________ in the context of correlation and causation.
A. reverse causality B. omitted variables C. linear relationships D. comparative analysis
Economists use M2 to measure the amount of money that is regularly used in transactions.
Answer the following statement true (T) or false (F)