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There Is No Limit to the Amount That an Employer

question 60

True/False

There is no limit to the amount that an employer can contribute in an employee's SIMPLE retirement account.


Definitions:

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, policies, or societal expectations.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Bystander Effect

A social psychological phenomenon where individuals are less likely to offer help to a victim when other people are present.

Social Facilitation

The inclination of individuals to behave differently, often improving their performance, when they are around others compared to when they are by themselves.

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