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Which is the best example of a closed system?
Pension Plans
Financial programs provided by employers, offering income to employees following retirement based on their earnings and years of service.
Privately Held Organizations
Companies owned by private individuals or groups and not traded publicly on the stock market.
Contributory
Involving or denoting a pension, insurance plan, or other benefit scheme where both employers and employees make payments towards the cost.
CPP/QPP
Refers to Canada Pension Plan/Quebec Pension Plan, which are public pension plans in Canada designed to provide income for workers upon retirement.
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