Behaviorist economist Dr. Amy Park argues that default options dramatically influence retirement savings decisions. She suggests that when companies automatically enroll employees in retirement plans, participation rates skyrocket.
Which data would best support Park's claim about default power?
Many people worry about retirement finances
Companies with automatic enrollment had 92% retirement plan participation versus 42% at companies requiring employees to actively sign up, even though all employees could opt out or in at any time
Financial advisors recommend saving for retirement
Some people lack financial literacy
Correct Answer: B
Choice B is the best answer. Dramatic difference (92% vs 42%) + same opt-out option proves defaults drive behavior.
- Context clues: Park claims defaults "dramatically influence" decisions.
- Evidence evaluation: 50-percentage-point difference with same ultimate choices proves default power.
- Verify: The "opt out any time" detail controls for constraint objections.
💡 Strategy: Behavioral claims need controlled comparisons with voluntary choice preserved.