In a Defined Contribution Plan, the Employer Must Make Up

question 74

True/False

In a defined contribution plan, the employer must make up any shortfall in the accumulated assets held by the defined contribution trust.

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Definitions:

Marginal Product

The additional output a firm gains from employing one more unit of input, holding the levels of all other inputs constant.

Marginal Product

The increase in output that arises from an additional unit of input, holding all other inputs constant.

Factors of Production

Resources used in the production of goods and services, including labor, capital, entrepreneurship, and land.

Total Income

The aggregate amount of money earned by an individual or organization from all sources before taxes or deductions.