Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

Q. Define Contribution Pensions?

Defined Contribution Pensions: A pension plan which makes no specified promise about level of pension paid out after retirement. In its place, a pensioner's income depends on the amount of money accumulated in a pre-funded retirement account, on investment returns and on interest rates at the time of retirement.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M9579295

Have any Question?


Related Questions in Microeconomics

Question what would you expect to happen to the yield

Question: What would you expect to happen to the yield spread under the following circumstances? (A) An energy shock doubles the price of crude oil. (B) A major tax cut. (C) A war. (D) Credit restrictions. (E) Consumer s ...

Question how can governments identify good candidates for

Question: How can governments identify good candidates for infant industry protection? Can you suggest some key characteristics of good candidates? Why are industries like computers not good candidates for infant industr ...

Qstion - we know that the as curve is p p e 05y - y

Question - We know that the AS curve is p = p e + 0.5(Y - Y * ) that is ?(how inflation responds to output gap) = 0.5, (price shock) = 0. Moreover we know: • expected inflation = p e = 4.5 • potential output = Y * = 7 tr ...

Question if you want to have 500000 in todays dollars in

Question: If you want to have $500,000 in today's dollars in account after 10 years, how much do you need to put into this account today assuming 3% annual inflation and a 4% nominal annual bank rate compounded monthly? ...

Question practice critical thinkingdefine in three to four

Question: Practice critical thinking Define in three to four sentences, in your own words, the difference between inductive and deductive arguments. Explain in three to four sentences what the difference is between valid ...

Question why is or is not addiction or the war on drugs

Question: Why is or is not addiction, or the war on drugs more broadly, an appropriate topic for health economists to study? What insights or perspectives could economists add? The response must be typed, single spaced, ...

Question a donor wishes to endow an engineering scholarship

Question: A donor wishes to endow an engineering scholarship at USYD. The endowment may be made by a lump-sum deposit to a special foundation set up by the university for such purposes. The foundation director believes t ...

Qestion assume that the production function is given by y

Question: Assume that the production function is given by Y = A K^.4 L^.6 where Y = National Income = GDP, K = 100, L = 400, and A = 10. a. Calculate National Income (Y)? Derive the equation for the marginal product of l ...

Question making dresses is a labor-intensive process indeed

Question: Making dresses is a labor-intensive process. Indeed, the production function of a dressmaking firm is well described by the equation Q = L - L2/800, where Q denotes the number of dresses per week and L is the n ...

Question a find the nash equilibrium and also explain how

Question: a. Find the Nash equilibrium (and also explain how you come up with this equilibrium) b. Explain the implication of this equilibrium with regard to its stability and its role as an efficient allocator of resour ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved