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
julia-pushkina [17]
3 years ago
13

Suppose, that after a successful career, a worker retired precisely as planned with precisely the amount saved that they intende

d. Upon retirement, they reduced their consumption and spent much less, living a much more simple life. Is this behavior consistent with the permanent income hypothesis?
Business
1 answer:
IgorC [24]3 years ago
7 0

Answer: Yes it is

Explanation:

The Permanent Income Hypothesis posits that human expenditure in the short term is based on the amount of income they expect to get as income over the long term.

If a person for instance, knows that they will receive a pay cut at the end of the year, they will probably spend less today to survive the pay cut.

Same goes for the worker in this scenario. They know that the amount they saved is all they have now and into the future so they are adjusting their expenses to ensure they survive on that saving.

You might be interested in
What are a firm's key assets?
I am Lyosha [343]

Key assets represent knowledge that your business has that is critical to the operation of your business. ... Basically, anything about your business that is essential to its core operation would be considered a knowledge asset.

5 0
3 years ago
Read 2 more answers
Andy tells Ervin and Marina that everyone will lose their jobs if the company goes out of business, whether they have guild prot
Lelechka [254]

Answer:

Pressure

Explanation:

Influence Tactic are ways a leader tries to influence people working with him to do a particular task or improve performance.

Among the influence tactics available, the influence tactic that Andy is most likely utilizing when he says that everyone would lose their jobs if the company goes out of business, regardless of guild protection is Pressure.

Pressure as an influence tactic tries to influence people through the use of threats, demands, or intimidation to get them to agree with a request.

6 0
3 years ago
Ricardo bought a new suit and he immediately doubted that he made the right decision. he is not sure he bought the right suit an
Tema [17]
He is experiencing buyer's remorse
6 0
3 years ago
What percent of customers bought anything from the last catalog? 2. what was the average $ order size bought from the last catal
denpristay [2]

<span>1.       </span>What percent of customers bought anything from the last catalog?

Fom this last catalog, 2.5% of the costumers bought.

<span>2.       </span>What was the average $ order size bought from the last catalog across all 96,551 customers?

<span>The average dollars ordered from this catalog was $104.24 per buying customer.</span>

7 0
3 years ago
All of the following are true regarding bank statements except the bank statement will show a credit for deposits received from
EleoNora [17]

Answer: the bank statement balance will always agree with the company record balance

Explanation:

A bank statement refers to the list of all the transactions for a bank account due a particular period of time. The bank statement consists of charges, withdrawal, deposits, etc.

The option that isn't true about bank statement is that the bank statement balance will always agree with the company record balance.

This is incorrect as the bank statement and the company record balance msy not agree because of timing difference with regards to the recording of transactions.

5 0
3 years ago
Other questions:
  • The manufacturing cost of Calico Industries for three months of the year are provided below: Total Cost Production (units) April
    14·1 answer
  • Which of the following is an important requirement for success in the home inspection field?
    13·1 answer
  • David and Sandra Dess contracted with Sirva Relocation, LLC, to assist in selling their home. In their contract, the Desses agre
    14·1 answer
  • State three differences between direct and indirect production<br>​
    15·1 answer
  • A manufacturer of small copiers makes a profit of $200 on a deluxe model and $250 on a standard model. The company wants to prod
    5·1 answer
  • If a loan is risky and extends for more than a year what will a lender ask for
    8·1 answer
  • Ben White is the manager of a retail store. His work typically includes the routine, day-to-day interactions with customers and,
    5·1 answer
  • Which of the following are criteria for determining whether to record an asset as a fixed asset? a.must be short-lived and tangi
    9·1 answer
  • Neal does not recycle glass, metal, or plastic garbage because he thinks it is inconvenient and has minimal impact on the city's
    14·1 answer
  • Valiant Corp. is a C corporation that earned $4.6 per share before it paid any taxes. Valiant Corp. retained $1 of after-tax ear
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!