Evidence of irrational economic behavior can be found in:
A) how employees enroll in 401(k) retirement plans.
B) the rapid diversification of retirement accounts of Enron employees.
C) participation rates in health insurance.
D) high unemployment rates in people under the age of 25.
E) the decline in personal savings rates.

Question

Quizplus · Accepted Answer

Employees often make irrational decisions when enrolling in 401(k) retirement plans, such as contributing too little or not diversifying their investments.

Evidence of Irrational Economic Behavior Can Be Found In