For the Paugh Grandchildren, the Three-Legged Stool of Retirement Income

question 9

Multiple Choice

For the Paugh grandchildren, the three-legged stool of retirement income consists of which of the following?

• A) employee pensions, 401k) plans, and Social Security
• B) personal savings, employee pensions, and Social Security
• C) Social Security and 401k) plans
• D) none of the above

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Definitions:

Quantity Change

A variation in the amount of goods or services produced, supplied, or demanded in the market.

Government Policy

The course of action or set of regulations adopted by a government to accomplish specific goals in the public interest.

Market Quantity

The total amount of a product or service that is available for purchase in a market at any given time.

Leading Questions

Leading questions are questions that suggest the answer or contains the information the examiner is looking to have confirmed.