The Community College Where Jake Works Requires All Employees to Contribute

question 54

Multiple Choice

The community college where Jake works requires all employees to contribute to a pension fund. At this time, he is not too worried about the safety of this contribution because:

• A)the pensions fund's investments are always backed by the full faith and credit of the U.S. government.
• B)pension funds are nonbanks so they are not going to take this money and lend it to others.
• C)he is considered a state employee, and as such, he is protected from this fund going bankrupt.
• D)pension funds usually make conservative investments.

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Definitions:

Rating Scale

A method for collecting data about a variable of interest, often consisting of a series of questions or statements to which respondents indicate their level of agreement or disagreement.

Physical Illness

A condition that affects the body's normal functions, often characterized by specific symptoms and requiring medical intervention.

Pressure

A feeling of stress or urgency caused by external or internal demands influencing an individual's well-being.

Expectations

Beliefs or forecasts about future events, which can influence perceptions and behaviors.