13. Two people are given the choice to participate in a retirement program in which the firm...

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13. Two people are given the choice to participate in a retirement program in which the firm matches contributions.

Person A is given a form in which she must check a box to opt into the retirement program. Person B is given a form in which she must check a box to opt out of the retirement program. According to studies, which person is more likely to participate? Or are they equally likely to participate? Explain your answer. ( LO22-2 )

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Microeconomics

ISBN: 9780077501808

9th Edition

Authors: David Colander

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