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
Sindrei [870]
3 years ago
6

Financial literacy is the set of skills and knowledge needed to make informed decisions about __________. A. career matters B. m

oney matters C. family matters D. educational matters
2b2t
Business
1 answer:
Likurg_2 [28]3 years ago
5 0

Answer: B. Money matters

Explanation: “Financial” means the management of money, so money matters would be the correct answer.

You might be interested in
Provide the economic term/concept for this description. *NO ABBREVIATIONS*
elena55 [62]

Answer:

8gc uv u o du I. 8. o ixd u. o

5 0
3 years ago
Consider the following five situations. In which situation would a borrower be best off and in which situation would a lender be
umka2103 [35]

Answer:

The borrower is best off in situation <u>"a"</u> and the lender is best off in situation ▼  "C" .

Explanation:

Considering all the situations given in the options, the <u>borrower</u> is best in situation <u>a</u> and <u>lender</u> is best off in situation in <u>c</u>.

<u>Part a </u>

Real Interest rate = Nominal Interest rate - Inflation rate = 14 - 17 = -3 per cent. Thus, the purchasing power of money has fallen and the person has to pay back money with little purchasing power as compared to the value of the purchasing power at the time he borrowed money. Thus, borrowers are best off.Thus, <u>borrower</u> is best off when the inflation rate is very high.

<u>Part c</u>

Inflation rate is negative, thus the purchasing power of money will increase and lenders will get back money with higher purchasing power as compared to the value of the purchasing power of money at the time he lend the money. Thus, <u>lender </u>is best off when inflation rate is lowest.

5 0
3 years ago
When the macroeconomy is experiencing a higher than natural rate of unemployment, it must be because
Alona [7]

Answer:

wages cannot adjust downward quickly and easily.

Explanation:

In a situation where the macroeconomy is experiencing a higher than the natural rate of unemployment, it must be because "wages cannot adjust downward quickly and easily."

Given that wages are arguably the most significant aspect to entice employees or people to work and get paid. Hence, where the wages are not enough to cause for the employees, there tends to be a situation where wages cannot adjust downward quickly and easily. And therefore, people would not want to work where there is low pay, and eventually, unemployment increases.

7 0
3 years ago
Which of the following is an example of direct labor cost for a cell phone manufacturer? a.salary of plant supervisor b.cost of
insens350 [35]

Answer:

d.cost of wages of assembly worker

Explanation:

The following are not related to cost of producing the cell phone because

a.salary of plant supervisor: Overall supervisors are accountable of various product of the organisation for example the plant might have five outputs with the cell phone being one of them therefore his/her labor costs are not related to a certain product.

b.cost of phone components : Direct labor is related to cost of paying workers in an organisation therefore cost of phone components doesn't have anything to do with people.

c.cost of oil lubricants for factory machinery : explanation is the same as in b

d.cost of wages of assembly worker : the worker the directly linked to the production of the product thus his/her wages are a direct labor cost to the manufacturer.

5 0
3 years ago
Successful bridging requires a fundamental reformulation of the problem such that the parties are no longer squabbling over thei
VladimirAG [237]
The answer to the question will be true
5 0
3 years ago
Other questions:
  • Which of these statements is true of the hiring process
    13·2 answers
  • OFUNILS
    14·1 answer
  • Marketers use persuasive communications and product distribution in an effort to make sure its market is _______.
    8·1 answer
  • Carl has worked on a factory line for years. Recently, his job on the line has been increasingly replaced by robotics in his ind
    10·1 answer
  • What needs would you strive to satisfy on the job? Why? What role would your manager play in helping you satisfy these needs?
    15·1 answer
  • Social Security payments are indexed for inflation using the CPI. A recent newspaper editorial claimed that Social Security reci
    6·1 answer
  • Explain the concept of sustainable entrepreneurship and its dimensions.​
    9·1 answer
  • A ____ is a document from a bank guaranteeing that a seller will receive payment in full as long as certain delivery conditions
    13·1 answer
  • Scrumptious Snacks Inc. manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has bud
    7·1 answer
  • What policy of gorbachev's called on the soviet people to openly discuss or criticize the soviet government and economy and ulti
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!