Answer: Option A
Explanation: In simple words, intertemporal decision making refers to the study of how the decision made by an individual today affects the choices that he or she have in the future. It is based on the assumption that less consumption today will bring significant increase in consumption tomorrow.
In the given case, despite of having enough income to lead a healthy lifestyle in present,Lee decided to save his money in the future. This will lead to choices fro him that will give him higher utility.
Hence from the above we can conclude that the correct option is A.
Answer:
B and C only.
Explanation:
The options of this question wasn't provided. Here are the options:
A.
higher real interest rate induces more investment.
B.
higher real interest rate discourages current consumption.
C.
higher real interest rate encourages more saving.
D.
all of the above.
E.
B and C only.
It is assumed that households either spend disposable income on consumption or savings. If interest rate is high, it would encourage households to save instead of spending on consumption. The same argument extends to firms.
This explains why the credit supply curve is upward sloping or positively sloped, the higher the interest rate, the higher the savings rate and the higher the credit supply. Conversely, the lower the interest rate, the lower the savings rate and the lower the credit supply.
I hope my answer helps you
Answer:
A. There is a moderately good fit between the regression line and the individual data points on the scatterplot.
Explanation:
A -.5 correlation coefficient indicates a moderate negative correlation, which means that as the x variable increases in value, the y value decreases in value, but only in around half of the situations.
In a scatter plot, this will look like a small cloud of data points that fit more or less well around the regression line. The regression line slopes downward because the variables are inversely proportional (hence the negative coefficient).
Answer:
A project is a one-time or infrequently occurring set of activities that creates outputs within prespecified time and cost schedules,
project management
while project management is the combination of planning, directing, and controlling resources (people, equipment, information, material) in a project to meet technical objectives within budget and schedule constraints.
its true
Explanation:
Answer:
1. Short-term capital gains of $10,000 from the sale of stock.
2. Long-term capital gains of $80,000 from the sale of real property and
3. Interest income from Pete’s savings account.
Explanation:
An income statements shows revenue, expenses and net income over a specified period of time. Revenue (gross revenue or sales revenue) consists of cash inflows and interests both short term and long term such as profits, interest on investments. Expenses consist of cash outflows, using-up of assets and incurred liabilities such as tax, rents and so on. Gifts are not included as part of income statements
