From Which Source Do Most Retirees Receive Most of Their

question 70

Multiple Choice

From which source do most retirees receive most of their retirement income?

• A)CPP/QPP
• B)Private pensions
• C)Earnings from assets
• D)Disability insurance

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Definitions:

Incentives

Financial or non-financial rewards designed to encourage specific behaviors or actions from individuals or entities.

Opportunities

Opportunities refer to favorable situations or conditions that could lead to the achievement of goals or the advancement in a certain area, often requiring timely and strategic action to capture.

Equity

Fairness or justice in the way people are treated within the economy, often in terms of the distribution of wealth.

Efficient Share

The optimal allocation or distribution of resources and goods in a way that maximizes productivity and utility without waste.