To deal with difficulties in administering pension funds, Congress in 1974 passed the
A) Corrupt Pension Fund Reform Act.
B) Securities and Exchange Act.
C) Employee Retirement Income Security Act.
D) Social Security Act.
C
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A single-price monopolist will always produce where the elasticity of demand
A) is greater than 1. B) is smaller than 1. C) equals 1. D) equals infinity.
Which of the following is false?
A. Even if a corporation is not currently issuing bonds, you could still buy a bond directly from the corporation. B. Bonds that are rated AAA from Standard and Poor's have received the highest rating possible. C. A bond that is rated in the D category indicates that the bond issuer cannot pay off the bond. D. It is possible to buy a bond from someone who purchased and still holds the bond he bought from the corporation at an earlier date.
When it was introduced in 1958, the Phillips curve presented policymakers with a "menu" from which they could choose the appropriate:
a. combination of monetary and fiscal policy. b. combination of inflation and unemployment. c. level of aggregate money supply. d. income tax rate.
The natural rate of unemployment includes frictional, cyclical, and structural unemployment
a. True b. False Indicate whether the statement is true or false