Answer:
According to the data provided the opportunity costs is detailed below:
Initial Balance $20,000
Monthly interst $200
Investment $500
________________________
The Opportunity cost is $500
Explanation:
The opportunity cost is the price you pay for not choosing best second alternative when you make a decision. In this case the person has three options:
1. Spending the money
2. Save the money
3. Invest the money
Once the money is spent the opportunity costs is generated and it is measured by the interest rate lost for not keeping the money in the investment that will generate an interest rate of $500 monthly.
Answer:
Message encoding.
Explanation:
Communication can be defined as the process of conveying information from one person or location to another. Communication can also be described as the transmission of messages through signs, pictorial representation, verbal means.
Encoding can be defined as the process in which an idea is transformed in a communicable message and then transmitted through various channels such as television, radio, internet.
Message encoding involves sending messages to the receiver in comprehensible words.
Answer:
economic (or business) cycles are less severe.
Explanation:
If the wages follow the general price level, it means that they will follow the inflation rate. When the economy is strong and inflation might rise, then the wages should increase accordingly. When the economy is starting to enter a recession then the inflation rate will reduce, so wages will not increase as much (if any increase at all).
This type of economic policy favors expansion cycles since private consumption is the main component of the GDP and also helps when the economy enters a recession because the wages will follow inflation rate which will help make the recession less severe and hopefully shorter.
One basic concept for this to work is that inflation is always a positive number, countries rarely (if ever) go through deflation processes.
Answer: Option A
Explanation: In simple words, Ponzi scheme refers to a scheme in which a company deceit their earlier investor by paying them from the funds of recent investors in the form of profits.
In the given case, Levi deceited Charles by making him believe of a strategy that may or may not exist in his organisation. Thus, he will pay charles from the money that he will gain from the market after the announcement of the new processor.
Hence from the above we can conclude that the correct option is A.
What do you mean by Retirement planning?
It refers to the distribution of savings or revenue towards retirement in a financial setting. Retirement planning is to achieve financial independence.
As a result, financial consultants frequently advise retirees to have a source of income that provides approximately 70% of their salary while working in order to live comfortably after retirement.
Main Content
True
Offering a tax-advantaged retirement plan to employees has two primary advantages: attraction and retention.
To learn more about Retirement planning
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