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poizon [28]
2 years ago
13

Shawna has added up all her current expenditures and revenues and developed a plan for what she wants to do with all of her cash

flow. She has included in this plan some money to put away for her 401k based on what she will need in the future. What is missing from Shawna's actions to make sure this is a sound financial plan?
Group of answer choices

Shawna needs to make sure she revisits this plan on an ongoing basis.

Shawna needs to invest. You can't have a sound financial plan without investing.

Shawna needs to consult with a financial advisor to make sure she has not missed any details.

Shawna should begin speculating on the market to potentially grow her extra income quickly.
Business
1 answer:
jeka57 [31]2 years ago
5 0

Answer:

Shawna needs to consult with a financial advisor to make sure she has not missed any details.

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The correct answer is <span>a.Because an older person has less time to make up for bad investments

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4 0
3 years ago
On January 1, 2001, El Salvador "dollarized" its economy. The U.S. dollar circulated throughout the country along with the Salva
solniwko [45]

Answer:

1. The government could not finance it's deficit budget.

2. The Dollar was stable and Through dollar adoption, interest rate would be lowered and investments would increase.

Explanation:

The colon was changed to dollars because El Salvador wanted a boost in it's economy through the US Dollar.

Printing money to finance deficit would no longer be done by the government and inflation would be brought under control. Because of the adoption El Salvador has no control over it's monetary policy.

the government would still be able to run deficits by printing money

with dollars, shocks caused by demand in the economy will be offset more effectively by using monetary policy.

By printing U.S. dollars, the government would still be able to finance deficits.

6 0
3 years ago
Read 2 more answers
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<u>Answer:</u> Speculation.

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Carlos is planning to receive the appreciated value of British Pounds so that he receives the same amount as mentioned in the contract but makes profit out of exchange rates and books FX profits in his books of accounts.

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solmaris [256]
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2 years ago
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