Which of the Following Are Examples of Defined Contribution Plans

question 45

Multiple Choice

Which of the following are examples of defined contribution plans? (You may select more than one answer. )

• A)SIMPLE
• B)403(b)
• C)Pension
• D)IRA

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Definitions:

Ultimatum Game

A game in economic experiments where one party offers how to divide a sum of money with another party, who can accept or reject the offer.

Dictator Game

A psychological experiment that tests how fairly individuals allocate resources between themselves and others, typically revealing aspects of altruism and fairness.

Neoclassical Economics

A framework for understanding economics that focuses on the determination of goods, outputs, and income distributions through supply and demand mediated through prices.

Behavioral Economics

A field of study that applies psychological insights into human behavior to explain economic decision-making.