What is the likely effect of introducing a "nudge" in the form of default enrollment in a retirement savings plan on employees' participation rates? A. Participation rates will decrease. B. Participation rates will remain the same. C. Participation rates will significantly increase. D. Participation rates will fluctuate unpredictably.

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter10: Consumer Choice Theory
Section: Chapter Questions
Problem 15P
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What is the likely effect of introducing a
"nudge" in the form of default enrollment in a
retirement savings plan on employees'
participation rates?
A. Participation rates will decrease.
B. Participation rates will remain the same.
C. Participation rates will significantly
increase.
D. Participation rates will fluctuate
unpredictably.
Transcribed Image Text:What is the likely effect of introducing a "nudge" in the form of default enrollment in a retirement savings plan on employees' participation rates? A. Participation rates will decrease. B. Participation rates will remain the same. C. Participation rates will significantly increase. D. Participation rates will fluctuate unpredictably.
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