Evidence from studies of workers' choices on whether or not to participate in 401(k)plans suggests that the workers' behavior appears to exhibit
A)indifference.
B)ignorance.
C)inertia.
D)overconfidence.

Question

Quizplus · Accepted Answer

The workers' behavior appears to exhibit inertia, meaning they tend to stick with the default option, which is usually to not participate in the plan. This suggests that they are not indifferent or overconfident, and while some may be ignorant of the benefits of participating in the plan, the overall trend is more consistent with inertia.

Evidence from Studies of Workers' Choices on Whether or Not