To Encourage Saving for Retirement, Many Governments Allow People to Avoid

question 19

Multiple Choice

To encourage saving for retirement, many governments allow people to avoid income tax on their contributions to pre-tax retirement plans. Consider the decisions (i) to set up a pre-tax retirement plan, and (ii) on the amount to put aside for retirement. Classify as decisions of participation or extent.

• A) (i) Participation. (ii) Extent.
• B) (i) Extent. (ii) Extent.
• C) (i) Participation. (ii) Participation.
• D) (i) Extent. (ii) Participation.

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Definitions:

Sex Chromosomes

Chromosomes that determine the genetic sex of an individual, with females typically having two X chromosomes and males having one X and one Y chromosome.

Sex Chromosomes

Chromosomes that determine the biological sex of an organism, with human sex chromosomes being XX for females and XY for males.

Gender Identity

refers to one's personal sense of their own gender, which may or may not correspond to the sex assigned at birth.

Intersex Condition

A variation in sex characteristics including chromosomes, gonads, or genitals that does not allow an individual to be distinctly identified as exclusively male or female.