In a Contributory Defined Contribution Pension Plan,all of the Following

question 94

Multiple Choice

In a contributory defined contribution pension plan,all of the following are true with the exception of

• A)a separate account is established for each participant.
• B)both the employee and employer can make contributions to the plan.
• C)amounts are contributed to the plan based upon a specific formula.
• D)retirement benefits are a fixed amount based on the level of compensation earned by the employee during the working years.

---

Definitions:

Experimental Control

A property of research such that the causes of different behaviors or other phenomena can be isolated and tested. Typically, this involves manipulating independent variables and holding constant all factors but the one(s) of interest.

Naturalistic Observation

A research method involving observing subjects in their natural environment without interference.

Ecological Validity

The extent to which the findings of research studies can be generalized to real-life settings.

Reinforcement

In behavioral psychology, a consequence applied that strengthens the likelihood of the behavior being repeated.