The potential risks that these three groups fall into the same category is that it is a low percentage and it is not a realistic proposition.
According to the theory of 50, 20, 30, a person's salary should be divided into 3 buckets that are:
- 50% of salary must go towards mandatory expenses (housing rent payments, utilities, medical care, basic food, and transportation).
- 20% of the salary must be used for savings and debt payments (programmed savings for old age or a special event, or the payment of debts such as card payments, bank loans, among others).
- 30% of the salary must be allocated for non-priority expenses (it is the expenditure of money on experiences, objects, or others that are not essential for the individual).
This income distribution is unrealistic because most people spend more than 50% of their salary on compulsory expenses, reducing their economic capacity for other purposes.
In this way, the 20% destined to savings and payment of debts would be a minimum amount of the salary, which could have serious consequences such as:
- Inability to pay debts
- Inability to save for the future
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Answer:
C. A possible cause of economic fluctuations is due to the use of fiscal policy for political purposes.
<em>Explanation:</em>
<em>During political business cycles the ups and downs of the economy are best explained through analyzing public policy. In a political business cycle we should expect that there will be some manipulations when using policy to try to make the politicians appear more competent than they are. In 1972, the Nixon administration basically increased the Social Security payments made to Seniors by 20%, 1972, was of course an election year, so the Nixon administration manipulated economic fluctuations due to his fiscal policy.</em>
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Answer:
Quantitative Research
Explanation:
It is quantitative research because the research is using numerical variables (age, income, stage of a family life cycle) to find a numerical property that is relevant to consumer behaviour (the probability of purchasing a 3D television).
Probability is measured in numerical value and is the focus of many consumer quantitative studies.
The above is an example of directing
Directing is one of the responsibilities of a management
accountant. It involves governing the operations of a company in a particular
direction. It is a process through which the manager guides the performance of
workers to achieve set goals.
