A Measure Defined Per Unit of Time Is Called a ________

question 218

Multiple Choice

A measure defined per unit of time is called a ________ variable.

• A) real
• B) nominal
• C) aggregate
• D) flow
• E) stock

---

Definitions:

Projected Benefit Obligation

The present value of a retirement plan's benefits owed to employees, calculated based on estimated salary increases.

Plan Assets

Investments and other assets set aside by an employer to fund pension benefits or other retirement plans for its employees.

Projected Benefit Obligation

An actuarial estimate of the total value of future pension benefits owed to employees, based on their service and salary history, to be paid by a pension plan.

Pension Plan Assets

The resources set aside by a company to meet future pension obligations to retirees, usually in the form of investments.