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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.

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A card which requires the cardholder to pay a sum of money equal to the credit limit is called a
Brrunno [24]
The answer is Credit card.

Credit card is a small plastic card issued by a bank, business, etc., allowing the holder to purchase goods or services on credit.
5 0
3 years ago
BeFriends Corporation uses the trademark of Community Life Inc., a social media site, as a meta tag without Community Life’s per
timama [110]

BeFriends Corporation uses the trademark of Community Life Inc.  a social media site, as a meta tag without Community Life’s permission. This may be permissible​ (a) if the appropriating site has nothing to do with the meta tag.

<u>Explanation:</u>

The using of the Meta Tag is Permissible because the trade mark name is being used for a different product or service and it does not involve any kind of  trade mark infringement.

4 0
4 years ago
Read 2 more answers
Accounting: A. measures business activities. B. is often called the language of business. C. processes data into reports and com
Anvisha [2.4K]

Answer: Is all of the above.

Explanation:

Accounting involves the process of taking accurate records of financial and non-financial activities of a business organization. Accounting is the language of business as it is needed for every business to succeed, also in accounting, records are kept that are useful in decision making.

7 0
3 years ago
Debt Management Ratios You are considering a stock investment in one of two firms (LotsofDebt, Inc. and LotsofEquity, Inc.), bot
Scrat [10]

Answer:

Please see attachment

Explanation:

Please see attachment

4 0
3 years ago
A study of labor force participation rates of women in the post-World War II period noted:
Andru [333]

The correct answer is C) labor-saving advances in households.

A study of labor force participation rates of women in the post-World War II period noted:

Over the long run, women have joined the paid labor force because of a series of changes affecting the nature of work. Primary among these was labor-saving advances in households.

This is an important factor because new inventions and technology have allowed women to leave the house in order to have an education an enter the job force in the corporate world because they have shown the be very capable to perform jobs in industries and companies, at the highest levels. Today, many families need a double income in the house in order to make a decent living. So it is common to see the father and the mother having a job.

6 0
3 years ago
Read 2 more answers
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