Which of the Following Tends to Increase the Attractiveness of a Retirement

question 103

Multiple Choice

Which of the following tends to increase the attractiveness of a retirement system based on savings and investment rather than pay-as-you-go principles?

• A) a persistent increase in the number of workers relative to the number of retirees
• B) a large number of workers relative to the number of retirees
• C) a reduction in the number of workers relative to the number of retirees
• D) a persistent increase in the life expectancy of retirees.

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Definitions:

Convergent

Thinking that involves bringing several pieces of information together to solve a problem or come to a single, correct answer.

Heuristic

A problem-solving approach that employs a practical method or various shortcuts to produce solutions that may not be perfect but are sufficient for the immediate goals.

Decisive

Having the power or quality of settling an issue or producing a definite result.

Absolute Pitch

The ability to identify or reproduce a musical note without any external reference.