Related to the Economics in Practice on P

Multiple Choice

Related to the Economics in Practice on p. 146: A recent study by economists at Yale University and the University of Chicago suggests that changing retirement plan enrollment options from a(n) ________ system to a(n) ________ system increased pension plan enrollment after three months of work from 65 percent of workers to 98 percent of workers.

A) "opt-in"; "opt-out"
B) "opt-out"; "opt-in"
C) voluntary; mandatory
D) mandatory; voluntary