ERISA stands for
A. Employer Return on Income Security Act.
B. Equal Retirement, Investments, and Solvency Act.
C. Employer and Retiree Income Security Act.
D. Employee Retirement Income Security Act.
Answer: D
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Use the following table to answer the question below.Number of UnitsTotal Utility110021903270434054006450What is the marginal utility of the second unit?
A. 90 utils B. 47.5 utils C. 95 utils D. 190 utils
The figure above shows the U.S. production function. From 1986 to 2008 the United States experienced major advances in technology as well as an increase in the working-age population. The combined effect can best be shown by a
A) movement from point W to point X. B) movement from point Y to point Z. C) movement from point Y to point X. D) movement from point W to point Z.
Assume a portfolio in which there is equal investment in two assets that are perfectly positively correlated, with equally expected returns of 10 percent and 6 percent for asset A and 8 percent and 4 percent for asset B
The expected yield on this portfolio is A) 8 percent. B) 7 percent. C) 6 percent. D) 5 percent.
Which of the following is NOT a responsibility of the Board of Governors?
A) approving bank mergers B) determining permissible activities for bank holding companies C) carrying out open market operations D) setting the salaries of the presidents and officers of district banks