Answer:
increase their savings
Explanation:
Saving is the action of putting aside a portion of income in a safe place instead of spending. It is a technique that firms and individuals use to achieve their financial objectives. Consistent saving for a duration of time helps accumulates a substantial amount of money that can be used to actualize financial objectives.
While savings is not the financial objective, it is a means to achieve the actual goal. For Example, if one goal is to own a home or a car, they start saving for the down-payment. Saving helps achieve their long term goals.
Answer:
B) 2 percent lower
Explanation:
Norminal interest rate is an economic terminology used to describe the interest rate of an economy before considering or adjusting the impact of Inflation on the economy.
Real interest rate is the interest rate of an economy obtained after adjusting the impact or effects of the Inflation. This will reveal the actual cost of borrowing and the yield to the lender of the money.
Answer:
price discrimination (third degree price discrimination)
Explanation:
Price discrimination is when the same product is sold at different prices to customers in different markets
types of price discrimination
1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.
2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.
3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students
An internal revenue code provision that specifically provides for an individual retirement plan for public school teachers is the Keogh Plan.
Revenue is the gross income earned from the sale of goods and services related to the company's main activities. Commercial income is also called sales or earnings. Some companies derive their income from interest, royalties, or other fees.
The basic definition of revenue is the total amount of money earned from a company's business measured over a period of time. A company's turnover is its gross income before deducting expenses. Profit and gross revenue define sales. This is the monetary profit from the sale and/or services rendered.
Learn more about revenue here:brainly.com/question/16232387
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