This savings plan is offered by an employer and employees contribute money to it each pay period

Rudiy27

Answer:

c. is a problem that exists in every economy.

Explanation:

Scarcity is shortage of supply with respect to demand.

This arises because of (causes) : Unlimited Wants, Limited resources having alternative uses.

Scarcity is a problem of each & every economy : underdeveloped, developing or developed economy. Eg - Developed Economy like US might be labour scarce, capital abundant & Developing Economy like India might be capital scarce, labour abundant.

This leads to (effects) : 3 Central Problems of Economy - What to produce , How to produce , For Whom to Produce .

5 0

2 years ago

Your father is 50 years old and will retire in 10 years. He expects to live for 25 years after he retires, until he is 85. He wa

Hunter-Best [27]

Answer:

It will need $ 107,120.321 dolalr per year to achieve his retirement goal

Explanation:

We first must calcualte the prsent value of the 25 payments with equal worth of 60,000 dollar of today.

First we move the 60,000 forward 10 years

$Principal \: (1+ r)^{time} = Amount$

Principal 60,000.00

time 10.00

rate 0.05000

$60000 \: (1+ 0.05)^{10} = Amount$

Amount 97,733.68

Now, we calculate the present value of an annuity considering this 5% inflation

$C_0 \times \frac{(1+r)^n-(1+g)^n}{r-g} = PV$

g 0.05

r 0.08

C 97,734

n 25

$ 1,778,492.341

Then, decrease this by the amounnt already saved by our father:

$Principal \: (1+ r)^{time} = Amount$

Principal 105,000.00

time 10.00

rate 0.08000

$105000 \: (1+ 0.08)^{10} = Amount$

Amount 226,687.12

Additional saving needed:

1,778.492-34 - 226,687.12 = 1.551.805,22

Now, we solve the annual saving to achieve this future value:

$PV \div \frac{(1+r)^{time} -1}{rate} = C\\$

PV 1,551,805.22

time 10

rate 0.08

$1551805.22 \div \frac{(1+0.08)^{10} -1}{0.08} = C\\$

C $ 107,120.321

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6 0

3 years ago

Unlike a product advertisement, an institutional advertisement may have __________ as an objective? select one:

OverLord2011 [107]

Institutional or corporate advertising may have a. reminding as an objective. A product advertisement is centered around selling a product. On the other hand, an institutional ad's goal isn't to sell a product, but to raise awareness of the brand, strengthen customer loyalty, remind the customers that the brand is there with all of its meaning and story behind it, even if they don't need their product right now (if they do need it, all the better). It is a strategy of exposure. When I see a compelling Nike corporate ad, I probably won't rush to the nearest store and buy their product if I don't need it right away. But as soon as I start needing a pair of sneakers, I will recall the Nike ad.

5 0

2 years ago

Which of the following is NOT a proposition of the Heckscher-Ohlin model? Countries will completely specialize in the product in

irina [24]

Answer:

<em>Countries will completely specialize in the product in which they have a comparative advantage if free trade is allowed to occur. ( first choice)</em>

8 0

2 years ago

Product differentiation refers to: consumers who sort and group goods based on similar characteristics. firms who offer similar

Luba_88 [7]

Answer:

firms who offer similar products to their competitors' products, but that are more attractive in some way

Explanation:

Product differentiation is marketing strategy where a firm makes its different from that of its competitors in order to make the product more attractive to consumers

3 0

2 years ago