Answer:
Saving plan
Explanation:
The saving plan are the life insurance plans that offers the various opportunity to an individual in order save and accumulated the fund for the upcoming future
Since Troy has $50 a month and the same is transferred electronically from his checking account to his saving account so automatically he saves each month
Therefore the same represent the saving plan
Answer:
Gift tax is not an issue for most people
Explanation:
The person gifting files the gift tax return, if necessary, and pays any tax. If someone gives you more than the annual gift tax exclusion amount ($15,000 in 2020), the giver must file a gift tax return.
B. False. There are usually multiple choices depending on credit score and such.
Answer
The answer and procedures of the exercise are attached in the following 3 images.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in 3 sheets with the formulas indications.
Answer:
The correct answer is (A)
Explanation:
Normally, goods which close substitutes tend to have more elastic demand as it is easier to switch from one brand to another because they are close substitutes. For example, if the price of Pepsi increases the consumers will easily shift towards Coca-Cola. So, close substitutes are price sensitive and they have high elastic demand compared to other goods.
