The answer to the question above is letter C. The income that is not used for consumption is called a SAVINGS. Saving consist of the amount left over when the cost of a person's consumer expenditure is subtracted from the amount of disposable income he or she earns.
Answer with Explanation:
The decision making under the conditions of uncertainty:
Uncertainty is an unquantifiable outcome of a decision that can not be mathematically modeled whereas risk is a quantifiable outcome of a decision that can be mathematically modeled.
The expected value method helps in decision making related to uncertainty are making prudent estimates of cash flow by using expected value.
Expected value considers every outcome under uncertainty and computes all of the expected value for each outcome. The outcome that gives highest expected value is said to be best case and likewise the outcome that gives lowest expected value is said to be worst case.
Suppose that two projects gives the same expected value, then the decision will be based on the degree of uncertainty which means the project that has lowest uncertainty of returns will be our choice.
The deviation of the expected value from required return on a project can be measured as a Degree of uncertainty that helps in understanding to what extent the return will be not as per the expectation. The Precise Measurement of uncertainty can be calculated by inclusion of standard deviation to estimate expected value of the decision taken.
The expected money value is the monetary value that a particular decision will generate. In expected monetary value the decision is based on the weighted average of best case and worst case. The value derived is average thus the standard deviation would be very low which means that the calculation was precise. Decision trees are used in precise measurement of cash flow related to each expected outcome and deriving a weighted average value.
Pacanowsky used metaphor to describe the cultural approach where he described the organisation as “a cluster of peasant villages” or as “a large improvisational jazz group” and described its workers as “factions in Colonial America.”
<u>Explanation:</u>
By definition, the cultural approach to deal with authoritative communication investigates an association by thinking about antiques, qualities, and presumptions that happen as a result of the connections of hierarchical individuals. Relics are the standards, gauges, and customs you see in hierarchical correspondence.
Pacanowsky applied Geertz's information on organisations. They said culture is networks of essentials, frameworks of shared significance. A social exhibition is the means by which we uncover our way of life to ourselves as well as other people. To examine societies, you should utilize ethnography a method for finding who individuals are inside a culture.
Answer:
I believe the answer is easily accessible funds, money market accounts, and savings instruments.
Explanation:
