Answer:
The idea is bounded rationality.
Explanation:
The Bounded Rationality Theory was proposed by Herbert Simon and it states that human cognition is not perfect and is flawed. One's reasoning can have fails which restricts the decision making and eventually coming to an optimal one.
The theory states that a person tends to take irrational decisions since his/her rational thinking is in fact limited by his/her cognitive skills, the available time and the complexity of such problem.
When solving a problem, one can never truly fix it in a completely optimal way since it is impossible to think of all the solutions to the problem.
Answer:
Spain and England
Explanation:Hope this is right.I'm really sorry If it isn't
Answer:
it is a tax free.
Explanation:
A 529 plan is a saving plan in the United States. special made for the students. It is tax-advantaged savings investment which is designed to encourage people to save for the expenses to be needed in the future higher education meant for a designated beneficiary.
Although the contributions from 529 plan is not deductible, but the earnings from the 529 plan is federal tax free and when the money is taken out to pay the expenses for higher education in college, it will not be taxed.
Thus, in this way a 529 plan is more helpful to save money as it is free from tax than a normal savings bank account.
