If your retirement income from your employer's retirement plan depends on the performance of the pre-tax investments that you and your employer have made over time, then your employer's plan is a
A. defined benefit plan.
B. calculated retirement plan.
C. Social Security plan.
D. defined contribution plan.
Answer: D
You might also like to view...
Institutions are:
a. the rules of the game b. how resources are allocated c. illustrations of the laws of scarcity d. organizations that operate on a non-profit basis e. none of the above
Which of the following is an implicit cost of going to college?
A. Cost of books and supplies B. Foregone wages C. Room and board D. Tuition
Using Figure 1.5 above, you can tell that 
A. there is increasing opportunity cost. B. the technology does not exist to produce 4 units of soda and 1 unit of pizza. C. there is unemployment. D. the technology does not exist to produce 3 units of soda and 3 units of pizza.
Regulated monopolies that are allowed a specific profit rate have an incentive to hold down costs.
Answer the following statement true (T) or false (F)