A public school teacher most likely to have a pension plan.
<h3>What does a pension plan mean?</h3>
A pension plan is a type of employee benefits program created or maintained by an employer, an employee group (such a union), or both that offers retirement income or postpones income until the end of the covered employment period or beyond.
An employer must contribute to a fund that is set aside for a worker's future benefit in order to participate in a pension plan. When the worker retires, the earnings from the investments will provide income for the worker. The pool of cash is invested on the employee's behalf. In the U.S. private sector, traditional pension plans are getting harder to find.
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The Canadian banking system is a conservative system that consists of five main categories. They are:
Chartered banks
Trust and loan companies
Cooperative credit movement
Life insurance companies
Securities dealers
For anyone considering a career in banking in Canada, this list of top banks in Canada is a helpful guide on where to start. To learn more, see our lists of financial institutions.
Answer:
Harvesting rainwater can help the environment in a number of ways. ...
Reduces Water Bills. ...
Reduces Demand on Ground Water. ...
Can Be Used for Non-drinking Purposes
Answer:
The answer is (C) entire economy.
Explanation:
Gross domestic product (GDP) is the total sum of goods and services that a country produces within a certain amount of time. It is a general estimate of what a country produces as a whole – not just the poorest, the average, or the richest person. To calculate GDP, you need to measure the output, expenditure, and income of a country’s economy – and adding them up to get the total. This total is the GDP.
Answer and Explanation:
A. Profit maximizing output level
P = MC
$90 = q^2 + 9
q = 9 units
B. At 9 units the profit maximizing price should be $90
C. Profit = TR - TC
= P x Q - TC
= $90 x 9 -( 1/3q^3 +9q + 1250)
= 810 - (1574)
Loss = 764
D. If the firm's price is greater than its average variable cost then the firm should continue in the short run because of positive contribution margin. However, if the P < AVC then it should stop its operations as it would have negative contribution margin.