In terms of employee retirement plans, many companies have been switching to
A. defined contribution plans, because this allows them to transfer the risk to the employee.
B. defined benefit plans, because of the tax advantages of these plans.
C. defined benefit plans, because this allows them to transfer the risk to the employee.
D. defined contribution plans, because of the tax advantages of these plans.
Answer: A
You might also like to view...
Recession is the opposite of
A) economic growth. B) economic decay. C) stagflation. D) inflation. E) deflation.
Firms are able to expand their operations by acquiring funds from households. They can do this directly through financial markets such as ________, or indirectly through financial intermediaries such as ________
A) stock markets; bond markets B) stock markets; banks C) banks; bond markets D) bond markets; stock markets
The persistence of budget deficits during the last several decades is not surprising because politicians will find
a. budget surpluses more attractive than budget deficits. b. tax increases more attractive than increases in government expenditures. c. budget deficits more attractive than budget surpluses. d. reductions in government expenditures more attractive than tax reductions.
Use consumer indifference curves and budget lines to illustrate the effects of an increase in income for a normal good and an inferior good (use two graphs). Be sure your diagrams are fully and correctly labeled.
What will be an ideal response?