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
CaHeK987 [17]
3 years ago
15

After a report that saving in the united states is at an all time low, jeopardizing many family's retirement plans, americans be

gin to save in an effort to ensure they are not the ones without the ability to retire. explain the impact on economic growth.
Business
1 answer:
Ivanshal [37]3 years ago
5 0
Savings usually have positive impacts on economic growth of a nation. Firstly, increase in the amount of money saved increase the amount of money that are available in the banks which can be used for investment purposes that will benefit the economy. Secondly, high saving rate in an economy increases the ability of that economy to recover from inflation and recession. Personally and nationally, saving helps to cope better with economic and financial down turns.  
You might be interested in
A 60-year old customer has a 401(k) account with your firm that has $280,000, mainly invested in growth mutual funds. The custom
pychu [463]

Answer:

Money market instruments is the best place for the investment.

Explanation:

Money market instruments are securities that provide businesses, banks, and the government with large amounts of low-cost capital for a short period of  time, less than a year. Most of the money market instruments such as treasury bills, commercial papers, certificate of deposits etc provide fixed returns so this money market instrument is considered the best for investing money for good profit.

4 0
2 years ago
Explain how market research is different than marketing.
Elenna [48]

Answer:

Although both involve consumers, Marketing research is concerned specifically about marketing processes, such as advertising effectiveness and salesforce effectiveness, while market research is concerned specifically with markets and distribution.

Explanation:

6 0
2 years ago
A higher earnings per share (eps) does not necessarily translate into a higher stock price
nikdorinn [45]
This doesn't seem to be a question, but rather, a statement.
4 0
3 years ago
On December 31, 2020, Flint Corporation sold for $150,000 an old machine having an original cost of $270,000 and a book value of
dalvyx [7]

Answer:

$105,547

Explanation:

Original cost of machine = $270,000

Machine sold for = $150,000

Book value = $120,000

Down payment = $30,000

$60,000 payable on December 31 each of the next two years .

Present value of an ordinary annuity of 1 at 9% for 2 years = 1.75911

The amount of the notes receivable net of the unamortized discount:

= Amount paid on December 31st ×  Present value of an ordinary annuity

= $60,000 × 1.75911

= $105,547

3 0
3 years ago
Describe how human desires would be met with no scarcity.
leva [86]

Answer:

Human needs are the impulse that individuals have to access certain goods or things. Scarcity, in turn, is the lack of goods or things to meet the needs of all humans in general.

Therefore, all human needs could be covered without major problems if the phenomenon of scarcity did not exist, that is, if there were more goods available than those demanded by society.

7 0
3 years ago
Other questions:
  • If you want to start a fire using sunlight, which kind of mirror would be most efficient
    12·1 answer
  • What is a stock market? What is an example of a stock market?
    7·2 answers
  • Thanks to his firm's decentralization and use of responsibility accounting, Matt has more time to review a proposed new joint ve
    11·2 answers
  • ______ Is a way of saving a file so it can be used by a different program
    11·2 answers
  • Consider the three theories of the upward slope of the short-run aggregate-supply curve. According to the sticky-wage theory, th
    5·1 answer
  • What is customer service?
    5·1 answer
  • At what credit score range do you think it’s unlikely that banks would offer you a loan or credit card?
    8·2 answers
  • Question 6
    14·1 answer
  • Suppose that the manager of a company has estimated the probability of a super-event sometime during the next five years that wi
    11·1 answer
  • Naomi weighed 50 patients for a medical study using a scale that measures to the nearest whole pound. She then calculated the me
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!