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Which of the following types of pension plans results in a government bearing the risk that investments do not yield an expected return? Defined Benefit

Which of the following types of pension plans results in a government bearing the risk that investments do not yield an expected return?


    Defined Benefit    Defined Contribution
a.     no                                 no
b.     yes                                yes
c.      no                                yes
d.     yes                                no

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