The best decision to allocate savings to a productive use is: C. Option B because the account will accumulate interest over time.
One of the benefit or advantage of a savings account is that it help to accumulate interest based on the amount that was deposited into the account.
With Savings account you can earn interest and can easily have access to you money incase of unforeseen circumstance or during rainy days.
Instead of depositing money into your checking account were you can likely earn low interest as savings account has higher interest rate, it is better to put your savings into productive use by saving your money into your saving account so as to accumulate interest over time.
Inconclusion the best decision to allocate savings to a productive use is: C. Option B because the account will accumulate interest over time.
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Because there were bigger, stronger, older nations that would
have loved to get their hands on that rich territory that the United
States covered ... France, England, Spain, etc. Washington knew
that the young USA could only survive as a nation if the people
remained united, and all those things ... taking sides in international
conflict (not remaining neutral), national debt, sectionalism (north
against south, east against west, old states against new states),
political parties (Whigs against Tories, Republicans against
Democrats), are things that could set groups of the people
against each other.
Answer:
(A) Rational decision making, bounded rationality, and intuition
Explanation:
Rational decision making is a multi-step process for making choices between alternatives. The process ofrational decision making favors logic, objectivity, and analysis over subjectivity and insight.
Bounded rationality is the idea that in decision-making,rationality of individuals is limited by the information they have, the cognitive limitations of their minds, and the finite amount of time they have to make a decision.
Intuition is the ability to have a grasp on a situation or information without the need for reasoning. The opposite ofintuitive decision making is rational decision making, which is when individuals use analytics, facts and a step-by-step process to come to a decision.
Rational decision making, bounded rationality, and intuition plays an important role in making decisions.
The answer is A. 4
About 4 million households in US have a net worth in excess of 1 million. And from that 4 million, only about 1800 of them that excess $ 1 billion in net worth ( accordint to data in 2016)
