This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A defined benefit pension plan is designed to retain a worker at the same firm for his or her ... (Read 38 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Jul 1, 2018
A defined benefit pension plan is designed to retain a worker at the same firm for his or her career.
 
  Indicate whether the statement is true or false

Question 2

The market reliably allocates workers among jobs based on their attitudes toward risk, placing workers more willing to bear risk in riskier jobs.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

AISCAMPING

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jul 1, 2018
Answer to Question 1

T The incentive has that effect in that the amount of the defined benefit pension rises considerably as retirement age approaches, and improves very little after that.

Answer to Question 2

F While potentially true, the allocation of the market according to riskiness may not succeed, either because the market does not offer information about job riskiness to a worker or does not offer enough jobs to give a worker a choice, so it doe not serve reliably.


CBme

  • Member
  • Posts: 548
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Body plan of an arthropod, as represented by a grasshopper Body plan of an arthropod, as represented by a grasshopper
The term wasp is typically defined as any insect of the order Hymenoptera and suborder Apocrita that The term wasp is typically defined as any insect of the order Hymenoptera and suborder Apocrita that
A fire safety plan like RACE saves lives. A fire safety plan like RACE saves lives.
A highly simplified view of the overall plan of the human body. A highly simplified view of the overall plan of the human body.
Plan of The Pantheon Plan of The Pantheon
Body plan of an aquatic snail and micrograph of a radula Body plan of an aquatic snail and micrograph of a radula
Video: Acids and bases - definition

For a complete list of videos, visit our video library