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steposvetlana [31]
3 years ago
6

The following statements accurately describe the difference between saving and investing EXCEPT…

Business
1 answer:
vagabundo [1.1K]3 years ago
8 0

Answer:

Saving can only be done in person. Investing can be done both in-person and online.

Explanation:

Saving refers to keeping some funds aside for use during emergencies. Individuals and institutions also save as a way of accumulating funds for a specific intention. Banks and other deposit-taking institutions offer saving services to pool funds and lend them for investment and consumption.

Saving will attract lower interest rates, sometimes below the inflation rate. Banks offer lower rates on saving and charges a higher interest rate to borrowers to make profits. Because saving offer lower returns, they are suitable for short-term periods. Savings are relatively safer than investment.

Investments offer higher returns but have a higher risk. Due to their price volatility, investments are suited for the long-term to safeguard against price fluctuations.

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Asking good questions promotes critical thinking. explain how asking good questions promote critical thinking
Sergio039 [100]
Asking good questions promote critical thinking because if a person was able to be provided with sensible and good questions, his or her critical thinking will be of help and will be of benefit to the person, making it to be promoted as the question is sensible and the use of his or her critical thinking has become something that he or she will made use of and will be something worth it.
6 0
3 years ago
Matthew bakes apple pies that he sells at the local farmer’s market. If the price of apples increases, the a. supply curve for M
Luda [366]

Answer:

The answer is: B) demand curve for Matthew’s pies will decrease.

Explanation:

When the cost of a production input increases, the supplier faces higher production costs. Apples are a key input used to produce apple pies, and an increase in the price of apples will increase Matthew's production costs.

If the production costs increase, producing the good or service becomes less profitable, reducing the supply of that good or service. Since Matthew will earn less money from baking apple pies, he is likely to decrease the quantity of apple pies he bakes.

A decrease in the supply will shift the supply curve to the left.

6 0
2 years ago
Change in supply or change in quantity supplied
xxMikexx [17]

Usually an increase in price means a decrease in supply and or a raise in demand.  He quickly changes this by increasing the production, thus increasing the supply, lowering the prices.

Hope this helps,

Jeron

7 0
3 years ago
In control theory, how many control systems are in place to work against our tendencies to deviate?
lutik1710 [3]
<span>Two systems are in place, inner and outer control systems. Inner controls consist of our personal morality and our general codes of ethics. Outer controls, on the other hand, are the people in our lives (family, friends, authority figures) who place indirect pressure on people as a way of keeping them in line.</span>
7 0
3 years ago
A principle under which the intent to form a contract will be judged by outward, objective facts as interpreted by a reasonable
andriy [413]

Answer:

Objective Theory

Explanation:

The Objective theory states that the intent to form a contract will be judged by outward objective facts such as the words and actions of the party instead of the secret, subjective intentions. This theory replaced the Subjective theory in the late nineteenth century. The former theory was of the opinion that the meeting of minds, which translates to the unexpressed intentions of the party would form a basis for interpreting the intent to form a contract.

The objective theory is important as it advocates freedom to a fair hearing, freedom of contract, and personal independence or sovereignty.  

5 0
3 years ago
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