c. A household’s decision regarding how much to work each week
d. Designing a government policy to increase total employment
Answer:
Determine whether each of the following is covered by microeconomics or macroeconomics.
a. What price to charge for an automobile: this is covered by microeconomics because it determines the demand and the supply of the sales of automobile
b. Measuring the impact of tax policies on total consumer spending in the
economy: This is covered by a macroeconomics because it has to do with a long term policy, there are so many things that would be employed to measure the impact of such policies over time
c. A household’s decision regarding how much to work each week: This is covered by a microeconomics because it has to do with applying opportunity forgone which makes the decision of the highest priority on top of list
d. Designing a government policy to increase total employment: It involves macroeconomics because of the volume and time impactation
Explanation:
lifestyle if she retires in 15 years. Lynn had not thought about planning for retirement until
now. If she begins saving now, she will need to save approximately $67,000 per year.
Based on her annual income of $75,000, this goal is not attainable. How would Lynn's
retirement be affected if she had understood the importance of planning for retirement
earlier?
2. In three to four sentences, explain how you would develop a long-term investing strategy
to ensure that you will have a financially secure retirement.
PLEASE HELP! I WILL MARK YOU THE BRAINLIEST:)
Lynn would have benefited from planning for retirement earlier due to a longer savings period and the benefits of compound interest. A long-term investing strategy involves setting clear financial goals, regular contributions, diversification, and regular reviews.
If Lynn had started planning for her retirement earlier on, it would have eased her financial stress. She would have had a much longer time period to save, reducing her required annual savings and making it more manageable with her current salary. The concept of compound interest would have also been advantageous, where her savings would accumulate interest over time and the interest, in turn, would itself earn interest.
Developing a long-term investing strategy begins with setting clear financial goals and laying out a time frame for achieving them. You should also regularly contribute to your retirement savings and consider various investment options. Diversify your investment portfolio with a mix of high and low-risk investments to balance potential growth with stability. Always review and adjust your plan as needed over time.
#SPJ5
Answer:
An effective strategy to retirement includes setting goals, being aware of timing knowing when and how long it will take to save. Also, taking advantage of retirement savings options such as 401(k), IRA, or SEP plans, as well as understanding the impact of taxation and tax benefits. Lastly, staying on top of it all when you actually get there, and monitoring your progress every step of the way making adjustments when needed.
Explanation:
B) Recognize that outliers are routinely wrong and should be ignored and discarded.
C) Leave it to the technical specialists to draw the correct conclusions.
D) Be satisfied with the sample used as long as it is large.
E) Realize that statistical summaries from a sample may not be precise for the whole population.
Answer: Option (E)
Explanation:
From the give options, we can state that while interpreting data, marketing managers should be able to recognize the fact that the statistical summaries derived from a sample might not be exactly precise for whole population. Sample, usually tend to state the fact that a researcher has selected group of subject from a general population and thus is recognized to be a representative of population for that study. This still does not emphasize on the fact, that preferences still tend to deviate from individual to individual or sample to sample.
False
Answer:
The correct answer is "False".
Explanation:
It is not correct to say that if an industry experiences a small decline in employment growth, it affects career choice. This phenomenon can be due to variations in the country's economic cycles, sometimes being affected only in the short term and with a possible rise in the long term.
Have a nice day!
False. The decline could be a short term aberration or it could depend on the industry that is being discussed.
Answer:
Value of the bonds at December 31th: 1,415,658
Interest revenue: 77570.63 + 77712.01 = 152,282.64
Explanation:
effective rate method:
interest revenue: carrying value x market rate
1,410,375 x 5.5% = 77,570.63
and 1,412,946 x 5.5 = 77,712.01
cash proceeds: face value x bond rate
1,500,000 x 10%/2 = 75,000
amortization on bonds: the difference between each other.
77570.63- 75,000 = 2,570.63
77,712.01 - 75,000 = 2,712.01
Period Carrying procceds Interest Amortization Ending Value
June 1,410,375 75000 77570.63 2570.63 1,412,946
Dec 1,412,946 75000 77712.01 2712.01 1,415,658