1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fudgin [204]
3 years ago
7

In the life cycle theory of consumption, the motive to save is:A.To be able to open a business.B.To become wealthy.C.To leave a

large endowment for one's children.D.To build a family dynasty.E.To afford to retire.
Business
1 answer:
DanielleElmas [232]3 years ago
4 0

Answer: To afford to retire

                       

Explanation: The life cycle theory was established by Modigliani in 1957. This theory states that a rational individual manages its expenses with the motive of saving sufficient amount till his or her retirement.

As per this theory, the individual consumes almost same amount of income which leads to the situation of borrowing in times of low income and savings in times of high income.

However the minor differences leads to savings high than borrowings in times of low income the individual significant lowers his or her capital expenditure.

You might be interested in
Seo-yeon is beginning to wonder if she has made the right decision about purchasing a new HP laptop after she sees a friend with
tino4ka555 [31]

Answer:

postpurchase evaluation phase

3 0
3 years ago
If you respond correctly you get brainliest: guess what
Artyom0805 [142]

Answer:

What?

Explanation:

8 0
3 years ago
Read 2 more answers
Cedar Designs​ Company, a custom cabinet manufacturing​ company, is setting standard costs for one of its products. The main mat
Snowcat [4.5K]

Answer:

Standard direct labour cost = $20.00   per hour

Explanation:

The direct labour costs represent expenditures incurred in respect of direct worker which can be traced to the product been produced. For example, the labour cost of machine operator saddled with production task.

The payroll cost is not a direct labour cost because payroll employed are not direct workers, also benefits are overheads related to direct workers

Standard direct labour cost = $20.00

5 0
3 years ago
Whom do progressive taxes asses
grin007 [14]

Answer

Hi,

Progressive tax assesses a taxpayer’s ability to pay. Higher rates are on the wealthy than on the poor.

Explanation

Those considered poor according to a country’s definition have families who spend larger shares of their income on the cost of living thus all money they earn is needed to afford basic needs thus face a decreased progressive tax. On the other hand, the progressive tax imposed on wealthy individuals decrease their abilities to purchase more luxury items or invest in stock.

Hope this helps!

6 0
4 years ago
Read 2 more answers
The Goliath Inc. decides to pay the following dividends over the next three years: $2, $2.6, and $3.38. Thereafter, the company
pochemuha

Answer:

The solution and complete explanation for the above question and mentioned conditions is given below in the attached document.i hope my explanation will help you in understanding this particular question.

Explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • Executives at mary kay cosmetics' european operations are conducting a study analyzing why households have stopped purchasing ce
    11·1 answer
  • This graph shows the US unemployment rate from Aug 2010 to Nov 2011... what question could best help the economist answer
    6·1 answer
  • Journalize the entries to record the following selected transactions.
    15·2 answers
  • It is possible to practice the customs of many different cultures at once. Please select the best answer from the choices provid
    13·2 answers
  • The Department may choose to grant an exception to the examination requirement under certain circumstances. Which of the followi
    8·1 answer
  • If the MPC is 0.60 and disposable income decreases from $11,000 billion to $10,000 billion, savings will decrease by
    14·1 answer
  • When the economy is growing and people are optimistic, the economy is in a period of
    7·1 answer
  • someone who wants the credentials of skilled training but in less time than a four year degree should consider​
    6·1 answer
  • Define nomal goods examples​
    9·1 answer
  • The american economy is a(n) ________ economy, of an economy in which economic activities occur between the country and the inte
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!