Whether Workers Must "Opt Into" or "Opt Out Of" a Retirement

question 52

Multiple Choice

Whether workers must "opt into" or "opt out of" a retirement savings plan ______ make a difference if workers are rational optimizers and ______ make a difference if workers' behavior exhibits inertia.

• A) would; would
• B) would not; would not
• C) would; would not
• D) would not; would

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Definitions:

Credit Terms

Conditions under which credit will be extended to a borrower, including repayment schedule and interest rate.

Collection Agency

A business that pursues payments of debts owed by individuals or businesses.

Overdue Account

An account that has not been paid by the due date, often subject to late fees and penalties.

Invoice

A document issued by a seller to a buyer that lists goods or services provided, their prices, and the total amount owed.