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Vinvika [58]
3 years ago
11

What's the main reason to use a personal budget?

Business
2 answers:
Katyanochek1 [597]3 years ago
5 0
B because the whole point of having a budget is to make sure you don’t over spend and to make sure your spending enough money on everything you need
V125BC [204]3 years ago
4 0

Answer: B, stay out of debt

Explanation: A budget reveals areas where you're spending too much money so you can refocus on your most important goals. A budget can keep you out of debt or help you get out of debt. A budget actually creates extra money for you to do use on things that matter to you.

You might be interested in
A sole proprietorship: a. provides limited liability for its owner. b. has its profits taxed as personal income. c. can generall
Varvara68 [4.7K]

Answer:

The correct answer is option b.

Explanation:

A sole proprietorship can be defined as a business that is run by only one person. It is not a separate legal entity and is easy to form and the owner controls the whole business.  

The disadvantage of a sole proprietorship is that there is an unlimited liability. There is no distinction between private and business assets. It does not have an unlimited life, with the death of owner it is generally shut down. The main source of capital is the owner.  

3 0
3 years ago
The Chinese government chooses to control the value of its currency so that it is consistently worth some fixed amount of U.S. d
Vadim26 [7]

Answer: pegged exchange rate

Explanation:

A pegged exchange rate also referred to as the fixed exchange rate, sometimes is an exchange rate regime type whereby the value of a currency is fixed by the monetary authority of a particular country against the value of the currency of another country.

This is the type of exchange rate used by the Chinese government in the question above.

8 0
4 years ago
Fruits in their season cost less than when they are not in season. This is an example of a situational influence on value. Which
STALIN [3.7K]

Answer:

d. Time of the year

Explanation:

The<em> time of the year</em> reflects on fruit production (season growth). As most seasonal goods, its price varies drastically from the in-season period to the time when it's not in season. The temporal factor influencing this variation is the exact time of the year, as that is synonymous with the season period.

4 0
3 years ago
Mason Holdings is expected to pay dividends of $.20 every quarter for the next three years. If the current price of Mason stock
Nesterboy [21]

Answer:

Price of the stock at the end of three years =$34,27

Explanation:

Price of the stock today = \frac{D1}{(1+ke)^1}+\frac{D2}{(1+ke)^2}+\frac{D3}{(1+ke)^3}+\frac{P3}{(1+ke)^3}.

Where D1 is the total dividend earned in year 1 =$0.2*4=$0.8

D1=D2=D3=$0.8

therefore, from the given information

$22.60=\frac{0.8}{(1+0.18)^1} + \frac{0.8}{(1+0.18)^2} +\frac{0.8}{(1+0.18)^3} + \frac{P3}{(1+0.18)^3}.

Solve for P3, which is the price of the stock at the end of three years =$34,27.

8 0
3 years ago
Consider a scenario where the demand is estimated to be represented by the following equation: ,
Tcecarenko [31]

Answer:

Option (A) is correct.

Explanation:

Qx = 1000 - 10Px + 0.1I + 10Py

Suppose income of the consumer and the price of good x remains constant at

I = $100

Px = $10

Initial price of good y, Py = 10

So,

Qx = 1000 - 10(10) + 0.1(100) + 10(10)

     = 1000 - 100 + 10 + 100

     = 1,010 units

If price of good y increases to $20, then,

Qx = 1000 - 10(10) + 0.1(100) + 10(20)

     = 1000 - 100 + 10 + 200

     = 1,110 units

This will results in an increase in the quantity demanded for good x which shows that there is a positive relationship between the price of good y and quantity demanded for good x.

This indicates that good x and good y are substitute goods.

5 0
3 years ago
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