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SashulF [63]
1 year ago
5

What are some factors that explain why people save for the future? (check all that apply.)

Business
1 answer:
nlexa [21]1 year ago
5 0

A. People save for predictable large expenses

C. People save for their children. their children.

D. People save for retirement.

this  qestion is incomplete .please read below to find the missing content

What are some factors that explain why people save for the​ future? ​(Check all that apply​.)

A. People save for predictable large expenses

B. People save because there are shortages of goods.

C. People save for their children. their children.

D. People save for retirement.

E. People save to avoid being too materialistic.

Retirement refers to the stage of life in which you choose to leave the workforce behind for good. In the United States and most other developed countries, the traditional retirement age is 65, many of which have some form of national pension or benefit scheme to supplement a retiree's income

What is a good retirement plan? According to AARP, a good retirement income is about 80% of your pre-retirement pre-tax income. Because when you stop working, you don't have to pay income tax or other work-related expenses. This may be good for your health. Sleep later, get some fresh air and sun, and no more devouring your meal at your desk. It's easy to imagine that leaving the office leads to healthier habits. ..

Learn more about retirement here

brainly.com/question/25707827

#SPJ4

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Suppose that an economy consists of only two individuals. Trevor has $1070 available to spend on goods. He decides to purchase $
castortr0y [4]

Answer:

<em>The question option are:</em>

<em>1. For the current quarter what is the economy's income? </em>

<em>2. For the current quarter, what is the economy's expenditure? </em>

<em>3. In an economy, how are income and expenditure related?</em>

1. The economy's income for the current year is $450 because there is only one transaction that take place in the year worth of $450

2. The economy's expenditure of the current year is $450 because each transaction has two side. One is the Income, the other is Expenditure. The income is converted to expenditure.

3. In an economy, income and expenditure are related and they are equal. Each transaction has two side. One is the Income, the other is Expenditure. The income is converted to expenditure.

4 0
3 years ago
Honda has developed aluminum car bodies that are 100% recyclable and light enough to help conserve fuel. What kind of response i
andreyandreev [35.5K]

Answer:

b. Proactive

Explanation:

Proactive response is a corporate response in which the corporate anticipates or identifies the problem and develops ways and methods to reduce the impact or eliminate the problem.

Here in the question development of recyclable aluminium car bodies will actively help in reducing the demand of the fresh aluminium.

Also,

the reduction or the conserving of fuel will help reducing the fuel demands which is among the major source of CO₂

6 0
3 years ago
We know that the longer a person saves, the more time their savings have to compound and grow. Given that fact, why do you think
vivado [14]

Answer:

The illusion of time

Explanation:

This is because younger people think that they have time to save up later; that if they spend now, they can always make up for it later. On the other hand, older people know that they don't have much time (comparatively) to save money as they did before, so saving money becomes a bigger deal for them.

5 0
2 years ago
Approximately 300 billion dollars are given to charities each year.  A.No. It is about 30 billion dollars at the most. B.No. It'
alexdok [17]
The answer to the statement above would be TRUE. Yes, it is correct that approximately, 300 billion dollars are donated to charities each year, but this only covers those charities that are registered. There are about 40,000 charities in the United States alone. The answer for this is D.
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3 years ago
How much would a mansion cost in the 1800s
zubka84 [21]
1856 $500 1869 $3,000
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3 years ago
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