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3 years ago

Which results are more likely for someone without personal finance skills? Select three options.

Business

2 answers:

Tema [17]3 years ago

6 0

Answer:

Which results are more likely for someone without personal finance skills? Select three options.

1) larger long-term credit or loan costs

2)less preparation for emergencies

3)fewer utility expenses

4)simple long-term investment strategies

5)increased long-term challenges

Explanation: ANSWER 1,2,5

KiRa [710]3 years ago

4 0

Answer:

larger long-term credit or loan costs

less preparation for emergencies

increased long-term challenges

Explanation:

Personal finance involves planning and managing individual or family financial activities such as income generation, saving, spending, insurance, and investments. The process of managing personal finance is through budgeting and the development of a financial plan.

Personal finance can be done by oneself or with the help of a personal financial manager. The objective is to help one meet both their short term and long term financial goals. Personal finance planning assists one meet expected future expenditures such as retirement while preparing them for unforeseen emergencies.

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An economy is experiencing a recessionary gap. The government can ______.

Jobisdone [24]

Answer:

Increase expenditure or cut taxes to increase aggregate demand.

Explanation:

A recessionary gap is a macroeconomic term which portrays an economy working at a level underneath its full-employment equilibrium. Under a recessionary gap condition, the degree of real gross domestic product (GDP) is lower than the degree of full employment, which puts descending pressure on prices over the long haul.

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3 years ago

Which of these factors would NOT cause the supply curve for a particular good to shift?a. a change in the technology used to pro

attashe74 [19]

Answer:

The answer is: a change in the price at which a substitute good is sold

Explanation:

A shift in supply means a change in the quantity supplied at every price.

Let's assume we sell product A. If the price of a substitute product B increases, then the quantity demanded for product A will increase as the quantity demanded for product B decreases. That will cause an increase in the quantity supplied of product A, which may in turn rise the price of product A until again both products (A and B) match their prices.

Instead, a shift in the supply curve means that the quantity supplied of a product will change at every price level.

5 0

3 years ago

Commonwealth Delivery is the world's leading express-distribution company. In addition to the world's largest fleet of all cargo

krek1111 [17]

Answer:

Part a

Debit : Profit and loss $0

Debit : Cash $15,100

Debit : Accumulated depreciation $35,900

Credit : Cost $ 51,000

Part b

Debit : Profit and loss $2,200

Debit : Cash $15,100

Debit : Accumulated depreciation $35,900

Credit : Cost $ 51,000

Part c

Debit : Cash $15,100

Debit : Accumulated depreciation $35,900

Credit : Cost $ 51,000

Debit : Profit and loss $2,200

Explanation:

the journal entry for the disposal of the truck are shown

4 0

2 years ago

True or false. the consumer sector is the largest part of the macroeconomy.

antiseptic1488 [7]

The consumer sector is the largest part of the macroeconomy

TRUE

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3 years ago

Phillippe invested $1,000 ten years ago and expected to have $1,800 today. He has not added or withdrawn any money from this acc

weqwewe [10]

Answer:

d) He earned a lower interest rate than he expected

Explanation:

Data provided in the question

Invested amount ten years ago = $1,000

Expected amount = $1,800

Today amount = $1,680

Based on the above information,

Since the bond is based on the floating rate not the fixed rate that results in the value of the investment to $1,800

And, the today amount is $1,680 i.e. less than the expected amount so the internet rate should be less as compared with the expected rate

hence, correct option is d.

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3 years ago