Private Employees (More Frequently Than Public Employees)tend to Have Their

question 54

Multiple Choice

Private employees (more frequently than public employees) tend to have their private retirements in

• A)defined benefit pension programs.
• B)defined contribution programs.
• C)Ponzi schemes.
• D)Social Security.

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Definitions:

Income Inequality

The uneven distribution of income within a population, leading to disparities in wealth and economic opportunities.

Private-Sector Risk

The exposure to uncertainty and potential financial loss faced by businesses and investors outside of government control.

Contracts

Legal agreements between two or more parties that create mutual obligations enforceable by law.

Coerce Behavior

To compel or force someone to act in a certain way through pressure or threats.