A good financial plan does not include an insurance plan.a. True
b. False User: A good financial plan does not include an insurance plan.
a. True
b. False User: Randy would like to set up a budget for a vacation he is taking next year. Which money management tool should Randy use?
printable graphs
spreadsheet
online banking
ExpensureTM

Answers

Answer 1
Answer: A good financial plan does not include an insurance plan. 
This statement it false. Insurance plans provide a person long-term benefits that are paid at present but can be used later in the future, especially for emergency purposes (e.g. health insurance).

If Randy would like to save his money for a vacation next year he must use an online banking account. This way he can easily track his transactions day-in and day-out to save up for his trip.

Related Questions

Select all that apply Workplace diversity benefits:employers employees neighbors society
Michigan Cranberry Company sold $10 million worth of cranberries it produced. In producing cranberries, it purchased $1 million dollars' worth of supplies from foreign countries and paid workers who reside in Canada but commute to the U.S. $1 million. How much did these transactions add to U.S. GDP
Zoning laws help prevent _______.a. new businesses from competing with old businesses b. new buildings from being developed c. new development from negatively impacting established businesses and residents d. new factories from being introduced in an area
A good ________ for a business research project includes a work schedule, research strategy, and statement of the problem.
Market economies operate on the principle of supply and demand.

An increase in the supply of money in an economy could be caused by (choose all that apply): a. an increase in the discount rate. b. a decrease in the discount rate. c. an increase in the required reserve ratio. d. a decrease in the required reserve ratio. e. a sale of government securities by the Fed. f. a purchase of government securities by the Fed

Answers

The first two answers are the opposites of each other so it's likely that one of the is correct and indeed -a decrease in the discount rate means that it's cheaper for the banks to borrow money, so there will be an increase in money amount! (b is correct)
  The same is true for the other two options - and d ) is correct because it "unfreezes" the money that can be used

Also the last two options - a sale here means that the government is borrowing the money from the people. However, this doesn't change the supply of the money, only how the money is distributed. (neither are correct)

Suppose an economy has historically grown at a rate of 1.25%. economic activity decreased every quarter over the past year, but the decline stopped this quarter. the economy is expected to grow at a rate of 1.4% in the near future, but monetary authorities are concerned that inflation may increase. this economy is probably in the _____ stage of the business cycle.

Answers

Answer:

trough

Explanation:

Final answer:

The economy is likely in the recovery stage of the business cycle, following a period of contraction and now moving into a period of expected growth, with authorities demonstrating concern about potential inflation.

Explanation:

Based on the provided information, the economy is likely in the recovery, or expansion, stage of the business cycle. The business cycle, as outlined by economic theory, includes four main stages: expansion, peak, contraction, and trough. In this situation, the economy suffered a period of decrease, or contraction, but this has stopped, indicating it reached the trough, or lowest point. Now that the economy is expected to grow at a higher rate, this indicates a move into the expansion phase. However, there is concern about inflation from the authorities, which is a common concern in a recovery period as demand starts to increase again, potentially driving up prices.

Learn more about Business Cycle here:

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Why are rainforests important to the pharmaceutical industry?A.
Many ingredients in important drugs come from plants discovered in the rainforest.
B.
Animals in the rainforest are important for testing drug safety.
C.
Water harvested from the forest soil contains cancer-fighting elements.
D.
Insects carry diseases, such as the flu, which can be used to develop vaccines.

Answers

I think the best option is A. Many of the ingredients in important drugs come from plants discovered in the rainforest since these places are full of varying plant species that might contain substances that are beneficial to human health. There still thousands of plants in rainforest that are to be studied and research on the potential of helping the pharmaceutical industries.

Answer    igot a 100 on the test it a

Explanation:

A client has a bone marrow aspiration performed. After the procedure, what is the first nursing action?

Answers

Answer:

apply pressure over the aspiration site

Explanation:

Bone marrow aspiration is a difficult and delegate procedure which is performed inside bigger bones which generate red blood cells, white blood cells and platelets. After bone marrow aspiration, the first nursing action must be to apply pressure over the aspiration site to help circulate the blood. A small bandage area is the aspiration site where the needle went to operate the affected area.

If GDP calculations included measurements of pollution and environmental​ damage, GDP values would most likely be A. unchanged from their values without these measurements.
B. greater than their values without these measurements.
C. ​meaningless, since GDP values without these measurements would no longer be of value.
D. less than their values without these measurements

Answers

Answer:

The correct answer is option D.

Explanation:

If the measurements of GDP included environmental damage and pollution, it is most likely that the values of the GDP would be less than their values without these measurements.

This is because economic growth always involves some degree of environmental damage and pollution. We need resources from the environment for production of goods and services.

In the process of production, the environment is harmed. If the cost of these damages to the environment were to be included in GDP, the value of GDP most likely will be lower.

Tom Tom LLC purchased a rental house and land during the current year for $150,000. The purchase price was allocated as follows: $100,000 to the building and $50,000 to the land. The property was placed in service on May 22. Calculate Tom Tom's maximum depreciation for this first year:

Answers

Answer:

2273

Explanation:

In this question, we are asked to calculate Tom Tom’s maximum depreciation for this first year.

The term maximum depreciation is accounting principle talks about to what extent has the value of an asset been used.

To calculate his maximum depreciation, we need to be conversant with some conventions. The mid-month convention is what we need to understand here. What the convention assumes is that an asset which is placed into service during a given month is assumed to have been placed into

Such service at the middle of such month in question. Also, it is also assumed that disposing an asset at the beginning of one month or any other time of the month is same as disposing the said asset at the middle of the month. This is what the mid month convention is talking about.

It must also be noted that Residential property has a 27.5-year recovery period. The depreciation is thus $2,273 ($100,000 x 2.273%). This gives us the value of the maximum depreciation