asked 132k views
1 vote
You can save $7/mo per plan on Easy Share Accounts with ________.

1 Answer

4 votes

Final answer:

You can save $7/month per plan on Easy Share Accounts with automatic enrollment, which is a strategy used to increase participation rates in savings plans by capitalizing on behavioral economics insights.

Step-by-step explanation:

You can save $7/month per plan on Easy Share Accounts with automatic enrollment. This practice is an application of insights from behavioral economics which has shown that requiring individuals to actively sign up for savings plans can lead to lower participation rates than if they are automatically enrolled. By automatically enrolling customers into savings plans, businesses make it easier for them to save, and customers can enjoy the benefit of the monthly savings without having to remember to sign up themselves.

answered
User Maliek
by
7.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.