following examples does not illustrate the principle represented by the adage, "There is no such ing as a free Ilunch"? O a. Pete must choose between buying a new flat screen television and buying his textbooks for this semester. O b. Joe needs to pay his rent and his electric bill. O c. Lisa can spend her money on a new sweater or a pair of jeans. O d. Kevin must decide between studying for his economics exam and working at his part-time job.

Q: What is full form of ERISA? Describe about it.

A: The full form of ERISA is the Employee Retirement Income Security Act which was established in the…

Q: How does the credit card company calculate the interest payment?

A: The credit card has been an important tool to increase the purchasing power. This facility has…

Q: Circular flow

A: Circular flow: - a circular flow of income shows the exchange of money, resources, goods, and…

Q: You have money saved in your pocket or allowance every day. Do you think you will be more able to…

A: Savings are the funds that remain after subtracting a person's consumer spending from their…

Q: How fast Can someone get a bank loan?

A: A bank takes into account several things when considering whether or not to extend a loan to…

Q: Why junk food is a demerit good

A: A demerit good is defined as one which has harmful effects on the consumers but these effects are…

Q: The parts where it is written on paper the paragraphs below. Can you please type them as I do not…

A: Budget line shows the relationship between the goods , their prices and the income of consumer.  The…

Q: A thug wants the contents of a safe and is threatening the owner, the only person who knows the…

A: When talking about rollback game, it is the situation when the game is either a finite extensive…

Q: what affects the way you spend money the most?

A: The way we spend money is influenced by a variety of factors. The most significant of these are…

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: 1 Describe the four types of inventory.

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Short term savings and loans are part of what

A: Financial Market generally in an economy is characterized as – Money Market and Capital Market…

Q: Give reasons which you think are the most important reasons for saving regularly.

A: Savings refer to the amount of the funds that are kept by the individuals and are not invested in…

Q: Why are all businesses required to record and report on their financial status?

A: The financial statement is also known as the income statement that is the chronological record of…

Q: rite a paragraph about the topic "Credit Cards". How do you feel about the use of credit cards ? Do…

A: Introduction: The situation of one's own financial affairs is referred to as one's financial health.…

Q: Does IRS have my direct deposit info?

A: IRS stands for Internal Revenue Service which represents the federal government's revenue services,…

Q: Discuss credit card safety and precautions?

A: A credit card is a plastic card issued by a financial institution, typically a bank, that allows the…

Q: Write the Elements of Transactions involving interest?

A: Interest is the payment that is made to the lender by the borrower of an amount in addition to the…

Q: Why do you even need a checking account? Why not just use cash?

A: A checking account is a type of bank account that allows individuals to easily deposit, withdraw,…

Q: Financial statements, what are they? what are they used for? Why are they important? What are the…

A: For business , individual , lender , government financial statements are very useful to know the…

Q: What is a CD and how do they work?

A: Certificates of deposit (CD) are secured form of long period of time deposits. The money is kept in…

Q: where did 11 come from?

A: The formula we use for calculating the amount if the principal is compounded at an interest rate r…

Q: How Do You Manage Your Credit Card Debt?

A: Credit cards have become a everyday part of our lives and is convenient to use. It is often, that we…

Q: credit card statement in the mail. She paid the bill online and threw the statement away. How can…

A: To find : Whether this is case of fraud or not.

Q: What would be the value of APS if savings is half that of income.

A: The data presented is that the savings of the household is half that of income.  So if income is Y…

Q: What do you need to open a bank account, if you are under the age of 18? Please help with this…

A: Connecting to the banking system can be done by opening a bank account with any one of the…

Q: National Service Reserve Corporation

A: Welfare services Welfare refers to government-sponsored assistance programs for low-income…

Q: Where does Mark Dean call home

A: Mark Dean is known as one of the fathers of the personal computer

Q: role of the debtor in possession?

A: Debtor- It owes a debt to another entity.

Q: Risk management for Islamic banking system do we need something special?

A: Islamic banking refers to Islamic finance. It is nothing but the finance and banking activities that…

Q: Create a 2 days plan on how to save money.

A: Savings refers to the cash that an individual has left over once they deduct out their shopper…

Q: What does the interest rate you determine represent?

A: The interest is a specific percentage of the principal amount that is lent, borrowed, or deposited…

Q: Name one potential benefit of using credit cards?

A: A credit card is a payment card that allows the cardholder to borrow funds from a bank or financial…

Q: What is the Deferred Savings Plan?

A: A  deferred savings plan is a plan  which allows the taxpayer to pay money in  the plan and  then…