Which Is Not Considered to Be a Type of Deferred

question 22

Multiple Choice

Which is not considered to be a type of deferred compensation?

• A) SIMPLE IRA.
• B) Tax-deferred annuities.
• C) Restricted property plan.
• D) Cafeteria benefit plan.
• E) All of the above are considered types of deferred compensation.

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Definitions:

Aggregate Consumption

Aggregate consumption is the total amount of goods and services consumed in an economy, reflecting overall consumer spending.

Consumption Function

An economic formula representing the functional relationship between total consumption and gross national income.

Aggregate Income

The total income earned by all individuals and entities within an economy.

Aggregate Consumption

The total amount of goods and services consumed in an economy within a given period.