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When an employee is automatically enrolled in a retirement savings plan but fails to specify how the savings should be invested, employers will make the

When an employee is automatically enrolled in a retirement savings plan but fails to specify how the savings should be invested, employers will make the choice for the employee in the form of a "default" option. Which of the following types of mutual funds does the U.S. government consider a particularly appropriate default? (Indeed, this is the most common type of default option.)

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