Which of the following explains why private employees (more frequently than public employees) tend be in defined contribution programs?
A. They have well-funded private savings plans.
B. They tend to move from employer to employer.
C. They tend to fall for Ponzi schemes.
D. They tend to begin and end their career with the same employer.
Answer: B
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In the years after 1998, the most severe recession occurred during
A) 1998. B) 2000-2001. C) 2008-2009. D) 1999-2001. E) 2005.
Costing more than the average person's yearly income, the Atlantic passage in the early seventeenth century was roughly
a. £1 b. £10 c. £100 d. £1,000
Consumers demand different features from cough medications taken for daytime use versus nighttime use. Drug companies conveniently package both medications together. This strategy is designed to
a. Allow consumers to buy the two together b. Stop consumers from buying each medicine separately c. Make the consumers more homogenous so that maximum consumer surplus can be extracted with a single price d. None of the above
The country of Erbia has been experiencing high unemployment over a period of seven years. A likely outcome of such a situation is that potential GDP will fall
a. True b. False Indicate whether the statement is true or false