Which of the Following Is NOT an Important Result of the Compulsory

question 20

Multiple Choice

Which of the following is NOT an important result of the compulsory guarantee charge implemented in July 1992?

• A) The amount of superannuation funds in Australia has increased significantly.
• B) The employer contribution SGC increased to 9% from July 2002.
• C) The vast majority of retirement savings are invested in superannuation funds.
• D) The SGC represents a penalty taxation charge on employers.

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Definitions:

Seligman

A psychologist known for his work in positive psychology and studies on learned helplessness and optimism.

Cognitive Process

The mental activities related to thinking, understanding, learning, and remembering.

Reacting

The process of responding to stimuli or events in the environment.

Learned Helplessness

A condition resulting from the belief that one has no control over their environment, often leading to decreased motivation and depression.