Evidence from studies of workers' choices on whether to participate in 401(k)plans
Suggests that the workers' behavior appears to exhibit
A) indifference.
B) ignorance.
C) inertia.
D) indecision.

Question

Quizplus · Accepted Answer

The evidence suggests that workers exhibit inertia, meaning they are more likely to stick with the default option rather than actively making a decision to participate or not. This can be seen in studies showing that automatic enrollment in 401(k) plans increases participation rates.

Evidence from Studies of Workers' Choices on Whether to Participate