Based on financial analysis, it is <u>False</u> that It's inevitable that budgeting will hinder the enjoyment of life, forcing people to make financial sacrifices.
<h3>What is Budgeting?</h3>
Budgeting Is the process of making a financial plan which includes planning on expenses, revenue, savings, assets, liabilities, cash flow, etc.
<h3>Benefits of Budgeting</h3>
There are various benefits of budgeting, some of which include the following:
- For providing limits or guides to spend.
- To achieve financial goals.
- To prepare for emergencies.
- To aid better retirement, etc.
Hence, in this case, it is concluded that the correct answer is "<u>False</u>."
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If your income was secure then as a buyer for home prices, the stage that would yield the best home prices and interest for you is the Trough.
<h3>Which stage in the business cycle is good for buyers?</h3>
If you were a buyer for a house and you wanted the lowest prices and interest rate, the trough is the best stage in the business cycle to do so.
This is because economic activity is low which leads to lower prices on houses. Interest rates will also be lower to entice people to take more loans.
<h3>What are the goals of fiscal and monetary policy?</h3>
There are three main goals that the Federal Reserve and Congress try to fulfill through monetary and fiscal policy and they are:
- achieve or maintain full employment.
- to achieve or maintain a high economic growth.
- Stabilize prices and wages.
These goals affect you because your income is usually safest when the economy is doing well which can only happen if those goals are met.
When an economy is in a recession, the stage of the business cycle that it is in is a contraction.
Find out more on the business cycle at brainly.com/question/26086110
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Answer:
E) A and B only.
- A. Identifying the qualifying expenditures that lead to the creation of the intellectual property.
- B. Deciding how broadly or narrowly to define the concept of intellectual property.
Explanation:
The problem with valuating intellectual property is not what the intellectual property is worth once it is completed (e.g. patent), the real challenge is to properly identify the costs of developing the intellectual property. Research and development costs are usually reported as expenses for this same reason.
Another problem is to really define what can be considered intellectual property and specially what intellectual property should be assigned value. A trademark is an intellectual property, but most trademarks are really worthless, but some like Apple or Coca Cola are worth millions.
Answer:
If the marginal propensity to save is 0.12, the marginal propensity to consume(mpc) is 0.88, and the multiplier is 8.33.
Explanation:
From the question, we are given the following:
mps = Marginal propensity to save = 0.12
The marginal propensity to consume (mpc) and the multiplier can therefore be calculated as follows:
mpc = 1 - mps ........................ (1)
Substituting the values for mps into equation (1), we have:
mpc = 1 - 0.12
mpc = 0.88
Also, we have:
Multiplier = 1 / mps ..................... (2)
Substituting the values for mps into equation (2), we have:
Multiplier = 1 / 0.12
Multiplier = 8.33
Therefore, if the marginal propensity to save is 0.12, the marginal propensity to consume(mpc) is 0.88, and the multiplier is 8.33.
Answer: Charging one price at all times for all customers (D)
Explanation:
Price discrimination is a pricing strategy where identical or similar goods or services are sold at different prices by the same producer to the customers. In price discrimination, companies charge customer different prices based on the willingness and ability of the customers to pay.
This can be seen on cinemas as people are charged different prices and airline companies. In the question above, charging a lower price for children, matinees and people over 65years are price discrimination. For price discrimination not to exist, everyone must pay the same price for enjoying similar good or service.