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3 years ago

Which are the two best examples of long-term needs that people need to save for?

Business

1 answer:

dimulka [17.4K]3 years ago

3 0

Answer:

1. college education

2. medical emergencies

Explanation:

"Long-term needs" refer to things that you will be needing in the future. Among the choices above, the two best examples of long-term needs that people need to save for are: college education and medical emergencies.

Saving up for college is important if you want to have a bright future or a better salary. Having a good income will give you the chance to save up for your future home's down payment as well as mortgage payment. It will most likely give you a better quality of life. Thus, college education should come first.

Saving up for medical emergencies is also crucial because we're all human beings who, at some point, will deteriorate physically. There are also incidents which we cannot control such as "car accidents." Having money allotted for it will prevent you from borrowing money from other people.

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3 years ago

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k0ka [10]

Answer:

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Explanation:

Preparation of Journal entries

Based on the information given we were told that on Nov. 5 the company Purchased 900 units of product at the amount of $10 per unit which means that the Journal entry will be:

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Dr Merchandise inventory 9,000

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Based on the information given we were told that the company on Nov. 15 Paid the amount of money due from the month of November 5 purchase in which they minus the return on November 7 which means that the Journal entry will be:

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2 years ago

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According to Keynesians, an increase in the money supply will have its greatest impact on GDP when the aggregate demand curve in

sladkih [1.3K]

the horizontal portion of the aggregate supply curve.

What is GDP?

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