Which Statement Is Correct

question 10

Multiple Choice

Which statement is correct?

• A)The plan sponsor of a defined benefit plan never needs to increase its contributions to the pension trust.
• B)A defined contribution plan is a pension plan that places investment risk on the employers.
• C)Inadequate contributions to a defined benefit plan by the plan sponsor or poor investment returns will result in an underfunded pension.
• D)A defined contribution plan specifies the fixed benefits that future retirees will receive.

Understand the concept and measurement of poverty, including the poverty line and poverty rate.

Explain the impact of in-kind transfers and government assistance on the standard of living.

Discuss various philosophical views on income distribution, including those of libertarians, utilitarians, and liberalism.

Examine the demographic characteristics of groups disproportionately affected by poverty.

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Definitions:

Moral Development

The process through which individuals develop proper attitudes and behaviors toward other people in society, based on social and cultural norms, rules, and laws.

Moral-Dilemma

A situation in which a difficult choice has to be made between two or more actions, each morally justified but in conflict.

Gender Schema

A cognitive framework that organizes information relevant to gender, influencing how individuals perceive and behave based on their gender roles.

Male Or Female

Categories that describe an individual's biological sex based on physiological and genetic characteristics.