The Gap Between CPP Payments to Men and to Women

question 82

Multiple Choice

The gap between CPP payments to men and to women is the result of which of the following?

• A) discrimination against women in the workplace
• B) low incomes and short careers at paid labour
• C) overcompensating for Spouses Allowance payments
• D) fewer men than women opting for early retirement

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Definitions:

Savings

The portion of income not spent on current expenditures or taxes, which is set aside for future use or investment.

Autonomous Consumption

Spending that does not depend on current income levels, such as basic necessities, implying that this consumption occurs even in the absence of income.

Disposable Income

represents the amount of money that households have available for spending and saving after income taxes have been accounted for.

Saving

The portion of income that is not spent on consumption but rather set aside for future use or emergencies, contributing to personal and national wealth.