Suppose, that after a successful career, a worker retired precisely as planned with precisely the amount saved that they intended. Upon retirement, they reduced their consumption and spent much less, living a much more simple life. Is this behavior consistent with the permanent income hypothesis?

Answers

Answer 1

Answer: Yes it is

Explanation:

The Permanent Income Hypothesis posits that human expenditure in the short term is based on the amount of income they expect to get as income over the long term.

If a person for instance, knows that they will receive a pay cut at the end of the year, they will probably spend less today to survive the pay cut.

Same goes for the worker in this scenario. They know that the amount they saved is all they have now and into the future so they are adjusting their expenses to ensure they survive on that saving.


Related Questions

When a single broker represents both parties in a real estate transaction, a _______ agency may exist.

Answers

Answer:

Dual

Explanation:

real estate transaction,which is used to convey ownership of a particular property to the buyer whereby there is a mutual agreement on some terms. The contract may be long it in shirt time.the end process is usually reffered to as “closing,” and this is a term that explains that both parties need to fulfill all terms and conditions that is associated with the exchange.

It should be noted that When a single broker represents both parties in a real estate transaction, a dual agency may exist.

question 5 eiyfgeyfie

Answers

Answer:

where's the question?

uh...where’s the problem? if you misclicked I understand!

а.
When organizing your business writing, you want to make sure that
Your name is at the top right corner
b. The main idea is at the very beginning
C Each sentence contains many ideas
d Each point has some fluff to make it longer

Answers

Answer:

B

Explanation:

You dont want to do the other things, as those are unprofessional

When organizing your business writing, you want to make sure that the main idea is at the very beginning. The appropriate response is option B.

What makes an effective business writing?

Writing that is employed in a professional environment is known as business writing. It is an intentional piece of writing that effectively, succinctly, and clearly delivers pertinent information to the reader. Client proposals, reports, notes, emails, and notifications are all included.

Companies utilize business writing as a communication tool to reach both their internal and outside audiences. Emails, memoranda, letters, reports, and promotional materials are all included.

Effective business writing is characterized by clarity of concept, conciseness, proper syntax and sentence structure, and simple language.

To learn more about business writing

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A spa has placed a magazine advertisement in a local women’s magazine. What technological feature have the owners incorporated in this advertisement?
A. A QR code that is scanned and decodes information directly on the phone
B. Offline integration such as a pop-up
C. Interactive content
D. Holoscreen that uses glass media for projection
E. Fog screen that uses fog for image projection

Answers

Answer: A. A QR code that is scanned and decodes information directly on the phone

Explanation:

This is the best option as QR codes are usually inserted into print media to give more information about something when they are scanned. They can even be used to give discounts.

Human technology has not reached the point where either pop-ups, interactive content, or image projections can appear on print media so options B through E are wrong.

Answer:

A. A QR code that is scanned and decodes information directly on the phone

Explanation:

Most food service establishment before the 18th century cater to ____.
1. Farmers
2.travelers
3. city dwellers
4. Royalty

Answers

Farmers are the only ones
I’m not sure I say farmers

Paris operates a talent agency as a sole proprietorship,and this year she incurred the following expenses in operating her talent agency.What is the total deductible amount of these expenditures?
$1,000 dinner with a film producer where no business was discussed
$500 lunch with sister Nicky where no business was discussed
$700 business dinner with a client but Paris forgot to keep any records (oops!)
$900 tickets to the opera with a client following a business meeting
A) $450.
B) $900.
C) $1,100.
D) $1,200.
E) $0

Answers

Answer:

A) $450.

Explanation:

The computation of the total deductible amount of the expenses is as follows:

In the case of the deduction with respect to the meal cost and entertainment. Only the half of the expense would be deducted i.e. for the business meeting

As in the question the opera tickets is $900 so the half of $900 i.e. $450 would be allowed as a deduction

Therefore the correct option is A.

If the income tax rate applicable to a firm is 35% and the pre-tax cost of debt is 10%, what is the after-tax cost of debt?

Answers

Answer:

the after tax cost of debt is 6.5%

Explanation:

The computation of the after tax cost of debt is shown below:

After tax cost of debt is

= Before tax cost of debt × (1 - tax rate)

= 10%  × (1 - 0.35)

= 10% × 0.65

= 6.5%

Hence, the after tax cost of debt is 6.5%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

The area that consumes the majority of a family’s income is

Answers

The area that consumes the majority of a family’s income is Housing.

This is according to the Bureau of Labor Statistics' info for 2017.

what is Animosity ?????????

Answers

Answer:

extreme hostility

Explanation:

im not ... not smart.

now come in the dining room so i can smack you rq.

:)

Which method of project selection gives consideration to the time value of money in a capital budgeting decision?
A. Payback method.
B. Average rate of return.
C. Accounting rate of return.
D. Discounted cash flows method.

Answers

Answer:

D. Discounted cash flows method.

Explanation:

The discounted cash flow method is the method in which it discounted all the cash flows to their their present value

Also it provides the consideration with respect to the times value of money while taking decision related to capital budgeting

hence, the correct option is D

And all the other options are incorrect

A capital budgeting decision is a financial commitment and an investment, As by asking a project the business is taking commitments.  

TMV in capital budgeting is a decision through the discounting cash flow. The DFC is a method of valuing the social projects of the company along with the assets. They are estimated and discounted using the cost of capital.

Hence the option D is correct.

Learn more about the project selection gives consideration to the time value.

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The G20 represents the financial interest of nations that account for about _____________ of world trade.​

Answers

Answer:

  about 80% of world trade

Explanation:

The G20 consists of 19 individual countries and the European Union. If trade within the EU is included, the members account for about 80% of world trade. If trade within the EU is excluded, the members account for about 75% of world trade.

Answer:

About 80% of world trade

Explanation:

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2. A series of five constant dollar (or real-dollar) payments, beginning with $6,000 at the end of the first year, are increasing at the rate of 5% per year. Assume that the average general inflation rate is 4%, and the market interest rate is 11% during this inflationary period. What is the equivalent present worth of the series

Answers

Answer:

The equivalent present worth of the series is $27,211.16.

Explanation:

The first thing to do is to calculate the real interest using the following formula:

1 + i = (1 + r)(1 + inf) ..................... (1)

Where;

i = market interest rate = 11%, or 0.11

r = real interest rate = ?

inf = average general inflation rate = 4%, or 0.04

Substituting the values into equation (1) and solve for r, we have:

1 + 0.11 = (1 + r)(1 + 0.04)

1 + r = 1.11 / 1.04

1 + r = 1.06730769230769

r =  1.06730769230769 – 1

r = 0.06730769230769

The equivalent present worth of the series can now be calculated using the formula for calculating the present value (PV) of a growing annuity as follows:

PVga = (P / (r - g)) * (1 - ((1 + g) / (1 + r))^n) .................... (2)

Where;

PVga = present value of a growing annuity or equivalent present worth of the series = ?

P = constant dollar (or real-dollar) payments = $6,000

r = real interest rate = 0.06730769230769

g = growth rate of payments = 5%, or 0.05

n = number of years = 5

Substituting the values into equation (2), we have:

PVga = (6000 / (0.06730769230769 - 0.05)) * (1 - ((1 + 0.05) / (1 + 0.06730769230769))^5)

PVga = 346,666.666666712 * 0.078493722845371

PVga = $27,211.16

Therefore, the equivalent present worth of the series is $27,211.16.

_____ is the system used to record a firm's financial transactions in a routine and clerical process.

Answers

Answer:

book-keeping

Explanation:

A company sold equipment that originally cost $260,000 for $130,000 cash. The accumulated depreciation on the equipment was $130,000. The company should recognize a:__________
A. $130,000 loss.
B. $0 gain or loss.
C. $65,000 loss.
D. $130,000 gain.
E. $65,000 gain.

Answers

Answer:

B. $0 gain or loss.

Explanation:

The computation of the company recognized in the given situation is shown below:

Equipment cost $260,000

Less: Accumulated depreciation -$130,000

Book value $130,000

And, the sale value is $130,000

Since the book value and the sale value are equivalent to each other that means there is no gain or loss

hence, the correct option is B

And all the other options are incorrect

Linda needs fresh fruits and vegetables so she decides to go grocery
shopping. According to Maslow's hierarchy of needs, which category of
needs does this fall under?
A. Physiological
B. Esteem
C. Affiliation
D. Safety

Answers

Answer:physiological

Explanation:

According to Maslow's hierarchy of needs, the Physiological category of needs is this condition. Thus, option A is correct.  

What is  Maslow's hierarchy of needs?

According to Maslow's theory, a model of motivation, a person's conduct is determined by 5 categories of basic human needs. These needs include that physiology, safety, belongingness, respect, and self-actualization.

The base of Maslow’s model of requirements is biological requirements for human survival. They seem to be the things a man needs the most in order to live. Linda chooses to go shopping since she needed fresh produce. shopping.

They encompass the requirements for food, clothing, comfort, rest, and healthcare. At about this level, a human's drive stems from their survival instinct. Therefore, option A is the correct option.

Learn more about Maslow's hierarchy of needs, here:

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an increase In long run aggregate supply can be expected to _______ the price level and ______ the natural rate of unemployment.​

Answers

Answer:

fall is the answer for both blanks

Who are the most aggressive of the types we looked at?

Answers

What were you looking at????

Potomac LLC purchased an automobile for $31,200 on August 5, 2020. What is Potomac's depreciation deduction for 2020

Answers

Answer:

Potomac LLC

Depreciation deduction for 2020 is:

$2,600.

Explanation:

a) Data and Calculations:

August 5, 2020, Purchase of an automobile for $31,200

Depreciation rate = 20% for year 1

Depreciation expense = $31,200 * 20% * 5/12 months

= $2,600

b) Automobiles attract 20% depreciation in the first year.  However, since Potomac LLC purchased the automobile on August 5, 2020, the depreciation expense of $6,240 ($31,200 * 20%) will be prorated for five months, giving an average of $520 per month.  This results to $2,600 ($520 * 5).

If you are falling behind on your student loan payments, which of the following steps should you take to avoid default?

Answers

Answer:

These are the answer choices for the question:

A. Transfer your balance to a credit card

B. File for bankruptcy

C. Contact your lender

D. You cannot default on student loans

And this is the correct answer:

C. Contact your lender

Explanation:

If you are about to default on your student loans, the best alternative you have is to contact your lender in order to renegotiate the terms of the loan. This is because you cannot default on student's loan, so filing for bankruptcy is not an option, and transferring the debt to a credit card is not a good idea because credit card debt usually has higher interest.

If the expected earnings per share are $12, what is the implied value of the ROE on future investment opportunities?

Answers

Answer:

15%

Explanation:

The computation of the implied value of the ROE is as follows:

As we know that

Growth rate = (RoE) × (1 - dividend payout ratio)

where,

The Growth rate is 5%

Dividend payout ratio = dividend per share ÷ earning per share

= $8 ÷ $12

= 66.66667%

Now

Growth rate = ROE × retention ratio

5% = ROE × (1 - dividend payout ratio)

5% = ROE × (1 - 0.666667)

ROE = 5% ÷ 1 - 0.666667

= 5% ÷ 0.333333

= 15%

Please help me Im stuck on this

Answers

It is a stock. C. The answer is stock

Only consumers benefit from government enforcement of contracts

Answers

Answer:

not true many people benfit most of all us!

Explanation:

In what ways are retail banks, credit unions, and online banks different?

Answers

Answer:

The bottom line is that banks are for-profit institutions, while credit unions are non-profit. Credit unions typically brag better customer service and lower fees, but have higher interest rates. On the contrary, banks generally have lower interest rates and higher fees

The credit unions have lower fees and better interests in the saving accounts. Credit unions are a type of institution controlled by members and operated on a nonprofit basis.

Online banks are those that have internet-based services such as e-loans, and all electronic transactions.  It also includes net banking and does it yourself system. Retail banking is a provision of services by the banks to the general public.  They are often called as whole ale banking. While a bank can have diverse offering a credit union is limited. Banks provide a higher fee for interest and loans, while credit union is lower fees and interest rates.

Learn more about the ways are retail banks, credit unions, and online banks different.

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Flavor Enterprises has been approached about providing a new service to its clients. The company will bill clients $140 per hour; the related hourly variable and fixed operating costs will be $75 and $18, respectively. If all employees are currently working at full capacity on other client matters, the per-hour opportunity cost of being unable to provide this new service is:______
a. $0.
b. $47.
c. $65.
d. $93.
e. $140.

Answers

Answer:

c. $65.

Explanation:

The computation of the per hour opportunity cost is as follows:

= Per hour revenue - per hour variable cost

= $140 - $75

= $65

The fixed cost would not be considered as it is a sunk cost

Therefore the  per hour opportunity cost is $65

We simply applied the above formula so that the correct value could come

And, the same is to be considered

The MerryWeather Firm wants to raise $11 million to expand its business. To accomplish this, the firm plans to sell 15-year, $1,000 face value zero-coupon bonds. The bonds will be priced to yield 4%. What is the minimum number of bonds the firm must sell to raise the $11 million it needs?
a. 20,711.
b. 113,377.
c. 41,422.
d. 56,688.
e. 23,000.

Answers

Answer:

$19,810.54

Explanation:

Calculation for the minimum number of bonds the firm must sell to raise the $11 million it needs

First step is to calculate the price of each bond

Price of each bond =1,000 / (1+0.04)^15

Price of each bond =1,000 / (1.04)^15

Price of each bond =$555.26

Now let calculate the minimum number of bonds the firm must sell

Minimum number of bonds to sell=$11 million/$555.26

Minimum number of bonds to sell=$19,810.54

Therefore the minimum number of bonds the firm must sell to raise the $11 million it needs is

$19,810.54

hello anyone know carson lueders

Answers

Answer:

Im not sure who he is

Explanation:

never heard of them :|

mr kleaners acquired new industrial washing mavhine,the list price price of which was 52000.the supplier allowedva tade discount of 4000 off the list price.on delivery the cost of installing the machine in its desire location was 950
what is the cost if machine to be capitalised in the machinery account​

Answers

Answer:

I think its $48,950.

Explanation:

you subtract 4,000 from 52,000 which is 52,000 - 4,000 = 48,000.

then you will add that extra $950 getting you a total of $48,950.

if I'm wrong I'm sorry I'm not that good at math.

g Obligations to be paid within one year or the company's operating cycle, whichever is longer, are:

Answers

Answer:

Current liabilities

Explanation:

Liabilities are debts that a company owes to other parties. They are classified based on when payment is due.

Those due within a short period are called current liabilities while those due in the distant future are called long term liability.

Current liability payments falls within one year or the operating cycle of a business whichever is longer.

They occur as a result of purchases made on credit payable in a short period

What is the difference between inflation and deflation.

A. Inflation can result from falling demand and boosts the value of money. Deflation can result from rising demand and reduces the value of money.

B. Inflation can result from rising demand and boost the value of money. Deflation can result from failing demand and reduces the value of money.

C. Inflation can result from falling demand and reduces the value of money. Deflation can result from rising demand and boost the value of money.

D. Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boost the value of money.

Answers

Answer:

D. Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boost the value of money.

Explanation:

Inflation is the general increase in prices in the economy over time. As the economy grows, prices automatically rise. There is a direct correlation between economic development and inflation. A high growth rate may result in a high inflation rate. High growth is caused by an increase in demand for goods and services.

Inflation erodes the purchasing power of money. As prices increase, it means one unit of money will purchase fewer quantities of goods and services than the previous season.

Deflation is the opposite of inflation. It means a general decline in prices in the country. Low production due to reduced demand causes prices to decline. One unit of money will purchase more quantities of goods and services as prices decline.

Answer:

I believe the answer is D :)

Explanation:

Suppose the spot rate of the pound today is $1.70and the three-month forward rate is $1.75. How can a U.S. importer who has to pay 20,000pounds in three months hedge the foreignexchange risk?

Answers

Answer: £35000

Explanation:

From the question, we are informed that the spot rate of the pound today is $1.70 and the three-month forward rate is $1.75.

Based on the above information, if

The importer buys £20,000 at $1.75/£ and therefore pays the amount in 90 days as:

£20,000 x $1.75/£

= £35,000

Other Questions
Round 23.546 to the nearest tenth and the nearest hundredth. Explain your thinking. Please hurry! Marking beainliest! In which equation is y a nonlinear function of x What can the reader infer about the impact of the partnership between Matthew Boulton and James Watt on thedevelopment of the steam engine?A. Matthew Boulton's partnership with James Watt provided the financial capital for the development of asteam engineBTheir partnership allowed James Watt to develop a steam engine capable of driving passengers along aroad at 15 miles per hourTheir partnership allowed James Watt to convert a small steam pump into a steam engine used for organblowing and turning spitsD. James Watt's partnership with Matthew Boulton provided the inventiveness for the development of moreefficient methods of mining Read the text and answer the following question(s).Painter of LightThomas Kinkade is known for his gift of painting light. Splashes of light ranging in color from creamy white to sunny yellow litter his paintings. No other artist has captured light in its many forms, hues, and patterns like the inimitable Thomas Kinkade. Because of his talent, he is recognized as America's most collected artist.In 1958, Thomas Kinkade was born in Sacramento, California. From 1976 to 1978, Kinkade attended the University of California, receiving his formal training at the Art Center College of Design in Pasadena. The summer after graduation, he embarked on a sketching tour with a college friend, James Gurney. In 1982, he married his childhood sweetheart, Nanette, and coauthored The Artist's Guide to Sketching with Gurney. He and Gurney went on to be employed by Ralph Bakshi Studios to create background art for the animated feature Fire and Ice. From 1984 to 1989, Kinkade published many paintings, so that by 1994, he was a published artist in his own right. That year, he earned the honorary title of Artist of the Year from the National Association of Limited Edition Dealers (NALED). An era in landscape artistry had begun that would make a lasting impression in art history. He went on to publish more art books and receive more recognition, collecting fans as rapidly as they collected his works.One of the unique qualities of Kinkade's work is that he hides messages to his wife and daughters in each painting. For example, for his wife Nanette, he paints a hidden letter "N" in each piece. His four daughters' names, as well as their faces, also appear in his works. Some people say that Kinkade is a passing craze of the twentyfirst century; however, it is clear that he has staying power in the art world. His works soothe the senses and inspire the mind because he captures the essence of light, the force on which human life thrives.Landscape ArtLandscape art is a form of escapism. That is, it allows the viewer to escape into another world of beautiful scenery that is easy on the eyes and induces peace of mind. Thomas Kinkade is a good example of a landscape artist whose work has this effect. His ability to paint light shows his profound understanding of what is lovely to the human eye.Modern Art CriticsThomas Kinkade's influence on modern art will be minimal. His art is merely decorative and faddish and will only be a flash in the pan of art history. The only reason he is so popular is that he captures on canvas the scenes that relax and pacify us during a turbulent time in American history .Which sentence from the text best reveals the cause of Thomas Kinkades Popularity? From 1976 to 1978, Kinkade attended the University of California, receiving his formal training at the Art Center College of Design in Pasadena.He and Gurney went on to be employed by Ralph Bakshi Studios to create background art for the animated feature Fire and Ice.One of the unique qualities of Kinkade's work is that he hides messages to his wife and daughters in each painting.His works soothe the senses and inspire the mind because he captures the essence of light, the force on which human life thrives. answer the following correctly Which of the following is a focus of Memoir of Siegfried Eifrig but not of The Olympic Flame? How should the following sentence be changed?The dream is so powerful it is worth cold leaving behind everything they know.a) Insert strong after powerfulb) Change powerful to powerfullyc) Change cold to coldlyd) No change needs to be made to this sentence The fourth step in the writing process is editing. is it true or false Given points (-2.3) and (9.3), which expression can be used to find the distance between the two points?191 +31191-1-211-21+1311-2 + 191 Paul has a disorder caused by a defective gene in his mitochondria. It Paulmarries Helen, who has no family history of the disorder, what percentage oftheir children will likely have the disease?A. 25 percentB. 100 percentC. O percentD. 50 percent A dance teacher surveyed one of her classes about their favorite type of dance. Of those surveyed, 5 favored ballet, 2 favored tap, and 3 favored jazz. Based on these results, predict how many of the teacher's 90 dancers will not favor tap. The __________ industry brings in a lot of money for many Middle Eastern countries, but is also harmful to their environments. A.agriculturalB.fishingC.miningD.oil pls help! will give brainlist!parts of New Orleans is currently below sea level and continues to sing each year. NASA imagines shows that One part of the city is currently 6 feet (72 inches) below sea level. Each year and continues to sing two more inches. Write an expression to describe the depth of New Orleans after any given year Explain step by step how to do 10.25 x .15. The compound inequality for the graph is _____? This compound inequality is true only if _______? In the early 1800s, the need for a water route to help farmers ship their products to market What is the equation in slope-intercept form of the line that passes through the point(5,0) and is parallel to the line represented by y = 2.4x - 1.7? Chelsea went ice skating. The ice, her skates, and the building itself were all examples of solids she encountered. She developed a model of the particles in the ice. Which of these statements about the particles in her model of a solid are true? the answer choices They vibrate in placeThey slide past each otherThey are packed very closely togetherThey cause the solid to have definite volume and definite shapeThey cause the solid to have definite volume but not a definite shape Why is it impossible for the atomic number of an element to be greater than its mass number?