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- E Unit - re İE -G V Economics - Pre E Chepter I -Goc GThe problem wt ET/SAT Prep. MT ELA Physics E PSY schedule PSY SOC E SOC schedu D : What is the benefit of a pension over a 401K for one's retirement? * O A 401K provides permanent payments for the rest of one's life. A pension provides a fixed payment for 10 years after retirement while a 401K is paid until death. A pension pays a fixed amount based off one's salary while the 401K is a fixed amount that will run out if spent too quickly. O Other e one major problem with the fractional reserye system occurs when *Which of these statements regarding retirement in the U.S. is CORRECT?I. Social Security is a funded system with separate accounts for worker contributions II. Pension plans that offer guarantees and are fully funded by employers have decreased significantly in number.Consider an economy with a defined-benefit PAYG pension system and assume that there is a new baby boom. Show what happens to the economy at impact, over time, and in the long run as a result of this baby boom. Explain the intuition
- Ruth collected pension benefits of $220 a month in 2015. If the price index rose from 90 to 105 in the period 2015-2015, what should her pension benefits for 2015 be? a. $256.67 b. $252.43 c. $253.00 d. $231.00 Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.14. If the pension benefits for a person is determined by the contributions into the plan and their earnings over time, then the pension is a Question 14 options: a) defined contribution plan. b) defined benefit plan.Question : Discuss of the changes in the type pensionsschemes being offered by employers. intro: 'the moves in recent years by employersaway from defined benefit pension schemesand towards defined contribution pensionschemes in the context of risk and itsmanagement
- what is economic pension cost?1.Why the aging process can generate problems to the pension system?What do you understand by social security? What do you understand by the “pension crisis” and how has it been addressed by different countries, the developed and the developing world? Withb DIAGRAM (400-500 WORDS)
- 21- Who gets paid after the death of the policy-holder/insured? a. The husband/wife of the policy-holder b. The husband/wife of the policy-holder plus the children c. Designated beneficiary d. A charity organizationA pay-as-you -go social security plan collects 12 goods from each young person and distribute these goods equally to old people. Assume that population is constant and r = 1. What is the effect of this pension plan on: -the wealth of future generations - consumption when young and old -private saving by the young -investment by the youngFirst, explain the concept of risk-return trade off. How do you define return? How do you define risk? What does the trade-off says, in you own words? show the application of the risk-return trade-off for pensions choice. Does the existence of a risk-return trade-off means that all the investors select the same type of pension? show how the selection of the adequate risk-return trade-off is dependant on the investor’s risk-aversion. Detail the influence of other objective factors such as age, economic situation and personal wealth. As you can see, understanding the risk-return trade-off is essential in finance. A popular phrase in Finance is “there is no such thing as a free lunch”. Try to explain this expression based on your new understanding of the risk-return trade off. Last, reflect on how the risk-return trade-off can be applied to your own life. Identify an area in your professional life where you can apply the risk-return trade-off approach. Then find an area in your personal…