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3 years ago

Our financial decisions decrease once we reach adulthood true or false

Business

2 answers:

inna [77]3 years ago

5 0

The correct answer is False

Explanation:

Financial decisions are related to money management. This includes decisions related to a company or business in case you own or manage one and decisions related to personal finances such as saving money, paying the bills, using credit, etc.

In general terms, our financial decisions increase as we reach adulthood because once we are adults we earn our own money and are responsible for ourselves; this is related to multiple decision on how to spend money that includes paying for housing, food, taxes, among others; also, there are financial services such as using credit card, loans, savings accounts. This does not occur when we are children or even teenagers as in most cases our parents and family make decisions on how to spend/ save money.

Burka [1]3 years ago

4 0

That statement is false. Your financial decision will not decrease when you have become an adult,

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2 years ago

Expansionary monetary policy Group of answer choices 1. lowers interest rates, causing aggregate demand to shift to the right. 2

masha68 [24]

Answer:

2. raises interest rates, causing aggregate demand to shift to the right.

Explanation:

Expansionary Fiscal Policies try to increase Aggregate demand by :-

Decrease in taxes by government ; or / and
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2 years ago

If a company spends $14.4 million to install refurbished footwear-making equipment with capacity to produce 1 million pairs of a

Margaret [11]

The annual depreciation costs at that facility will rise by 10% or $1,440,000.

<h3>Annual depreciation costs</h3>

Life of the equipment = 10 Years

Salvage value = 0

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Inconclusion the annual depreciation costs at that facility will rise by 10% or $1,440,000.

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2 years ago

Suppose a merchant in a moneyless economy trade has goods for large amount of purple fabric. He intended to use the fabric to tr

spayn [35]

Answer:

Preservation of value.

Explanation:

Money is a medium of exchange that is generally acceptable for transactional purposes.

As seen in the scenario , money may not necessarily be cash as some other items can be used as a medium of exchange in a trade by barter agreement so far the items has the features of money and acceptable.

However , one thing that could be pointed out in the transaction in the scenario is a loss of value of the purple fabrics before the transaction could take place as a result of sudden arrival of a trade ship that caused a surplus in the fabrics , and at the end , it could not achieve as much as was expected.

Therefore the need for the preservation of value of money is necessary and needed

4 0

3 years ago

Read 2 more answers

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liraira [26]

Answer:

the present value is $88,087.08

Explanation:

The computation of the present value is shown below:

As we know that

Future value = Present value × (1 + rate of interest)^number of years

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7 0

2 years ago