Question
1)Why is there a market failure in the 401(k) market? (Hint: read chapter 8 and its description of imperfect information) then describe and detail all
1)Why is there a market failure in the 401(k) market? (Hint: read chapter 8 and its description of imperfect information) then describe and detail all of the fees/costs associated with a 401(k).
Watch the following PBS Frontline video on the financial industry and its involvement in the 401(k) retirement system and answer the question.
https://www.pbs.org/wgbh/frontline/film/retirement-gamble/
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Organizational Behavior And Management
Authors: John Ivancevich, Michael Matteson
6th Edition
0072436387, 978-0072436389
