Suppose you are planning for retirement in a two-period world. In the first period you are young and earn $1 million, and in the second period you are old and retired and earn nothing. The interest rate is initially 10 percent, but then it falls to 7 percent. After the interest rate falls, the:

a. income effect will induce you to consume more when you are young.
b. substitution effect will induce you to consume less when you are young.
c. change in interest rates affects the substitution effect but not the income effect.
d. substitution effect will induce you to consume more when you are young.

Answers

Answer 1

Explanation:

i think "A" should be the answer tho I'm not pretty sure about it


Related Questions

Briefly explain the weaknesses of the RSA's Industrial Development Zones?

Answers

Revenue losses because of the various tax exemptions and incentives.Many traders are interested in SEZ, so that they can acquire at cheap rates and create a land bank for themselves.The number of units applying for setting up EOU's is not commensurate to the number of applications for setting up SEZ's leading to a belief that this project may not match up to expectations.

A demand curve shows the graphical relationship between price and services

Answers

It should be noted that demand curve shows the graphical relationship between price and services as well as quantity demanded.

What is a demand curve?

The demand curve can be regarded as  economic graphical representation ,which display relationship between the price and quantity demanded.

This demand curve is very crucial in economics because it helps in economic analysis.

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Name any FIVE diversity issues that affect the farm manufacturing​

Answers

Answer:

not be dismissed against any manufacturer because of market-share liability

What is a relationship between a Hr and a line up management of an organisation?

Answers

Answer:

When conflicts arise, line managers typically seek the advice of HR in resolving issues between employees or issues between employees and their managers. A positive working relationship between HR and line management facilitates easier handling of workplace investigations and mediating differences between staff.

Which of the following is not a party involved in dental insurance

A- Patient
B- Provider
C- Carrier
D- Deductible

Answers

Patient they have really bad dental insurance

Answer:

Explanation:

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What type of appliances are technicians certified to charge and open after passing the Type I examination?

Answers

Answer:

Appliances containing 5 pounds or less of refrigerant that have been hermetically sealed and charged at the factory.

appliances that have been hermetically sealed and charged at the manufacture and contain 5 pounds or less of refrigerant.

What is Type I examination?

1. EU type-examination is the process by which a notified body determines and certifies that a device, including its technical documentation, pertinent life cycle processes, and an associated representative sample of the device production planned, satisfies the pertinent requirements of this Regulation.

2. The EPA has created four different certifications: in order to maintain tiny appliances (Type I). except for small appliances and MVACs, for the maintenance or disposal of high- or extremely high-pressure appliances (Type II). For maintaining or getting rid of low-pressure equipment (Type III).

Appliances of Type I are hermetically sealed. This denotes that internal components are both airtight and sealed against the elements. Consider this to be your phone. Your phone's internal circuitry and other components are enclosed in a tidy device.

Thus, appliances that have been hermetically sealed

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Scientific management approach has lost its relevance. How might today's
organization use it?
Why do you think managers have difficulty delegating?

Answers

Answer:

syntific mamagement loss it relevance its relevs today it will might today it will not lost revalance

What is the education level of a majority of the Power, Structural, and Technical Systems workers?
associate's degree or vocational school degree
bachelor's degree or apprenticeship bachelor's degree or master's degree master's degree or vocational school degree​

Answers

Answer:

B - bachelor’s degree or apprenticeship

Explanation:

Pls choose brainliest!

Can someone help me please this is only the last question. The subject is Accounting.​

Answers

Explanation:

The answer is A because We paid a creditor 60 by cheque because if we pay by cheque our back reduces and our creditors reduce.

61.
Write 'T' against a true statement and 'F' against a false
Sharing or exchanging information, ideas and experien
means communication.
62.
63.
The process of communication may not always contain am
Feedback is one of the elements of the process of commun
A traffic police showing a stop sign to the public is a proce
64.
65
Oral communication is a form of non-verbal communication

Answers

Qkwjns dhanwnqkwnsnwkwjwnwnkOjabwnjan

The tone of voice you use when dealing with customers is especially important on the phone, when nonverbal cues are missing from the conversation.
a) true
b) false

Answers

Answer:

true

Explanation:

there is no real explanation for it but you want to seem professional and change your time depending on who or what your talking about

Your firm wants to borrow $1 million and repay this loan in 10 equal annual installments. The first installment will be one year from now. The bank charges an interest rate of 10%. What will your annual installment be? (Hint: the present value of your payments using a discount rate of 10% should equal the amount you borrow) Enter the answer with two decimal points

Answers

Answer:

110,000 dollars a year for ten years

Explanation;

100,000 x .10 = 10,000

10,000 + 100,000 = 110,000

110,000 dollars a year for ten years the amount you borrow) Enter the answer with two decimal points.

What is the Amount?

The size or quantity of non-count nouns is indicated by the word "amount." You can count the volume of air in a bottle or the volume of water in a beaker, for instance. The amount can be a noun or a verb, as was said above. Use of the noun: Add a little water to the dish. The dogs require various amounts of food, noun use. It is three bucks and change, to be exact.

EMI = [P x R x (1+R)N]/[(1+R)N-1] is the formula for computing EMIs. P denotes the loan amount or principle, R denotes the monthly interest rate (for example, if the annual interest rate is 11%, the monthly interest rate will be 11/(12 x 100)), and N denotes the number of monthly payments.

100,000 x .10 = 10,000

10,000 + 100,000 = 110,000

Therefore, The sum you borrow) Type the Amount response using two decimal places.

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A strategy to earn foreign exchange by making domestic industries competitive in the international market is called: a. Export promotion b. Import substitution c. Inward looking trade policy d. Both (b) and (c)​

Answers

Answer:

a

Explanation:

It's export promotion

p.s. give me the brainliest answer

The discount rate is the interest rate charged by:_______.
a. banks for overnight loans to other banks.
b. the Fed on loans of reserves to banks.
c. major banks to their best customers.
d. banks for loans of less than 24 hours.

Answers

Answer:

B

Explanation:

I believe it is the interest rate the federal reserve uses for loaning to banks. Its the minimal rate, also.

Using the following information: The bank statement balance is $5,086. The cash account balance is $5,263. Outstanding checks amounted to $894. Deposits in transit are $1,007. The bank service charge is $55. A check for $51 for supplies was recorded as $42 in the ledger. Prepare a bank reconciliation for Candace Co. for May 31.

Answers

Answer:

Bank statement Balance = $5086

Cash Account Balance = $5263

Outstanding Checks. = $894

Deposit In Transit. = $1007

Bank Service Charge. = $55

A Check. = $51

Check For Supplies. = $42

Adjusted Cash Balance. = $12398

what is 2 + 5
help
pls

Answers

the answer is 9 your welcome
The answer will be 7



Because there are 5 dolls and someone gives u 2 more that will be 7




Hope this helps!

What is meant by the word business

Answers

Answer:

Business is a commercial activity or a persons regular occupation , profession or trade.

how does the business environment influence the process of business enterprise in Nigeria using a schematic diagram with valid example​

Answers

Explanation:

when it comes to Nigeria think oil

it's a very big oil country

Simba Company’s standard materials cost per unit of output is $9.68 (2.20 pounds x $4.40). During July, the company purchases and uses 2,970 pounds of materials costing $15,741 in making 1,500 units of finished product. Compute the total, price, and quantity materials variances

Answers

Total materials variances = 1,221
Unfavorable price variance = 2,673
Unfavorable quantity variance = 1,452
Favorable total materials variance = 2,673

You bought two new CDs with the last $30 in your checking account, and your next payday is on Monday. What is the opportunity cost of these CDs?"
Group of answer choices

the satisfaction of knowing you are the first of your friends to have these CDs

the difference between the cost to produce the CDs and the price you paid for them

the night out with your friends that you miss because you can?t afford it now

the $30 check that you wrote for the CDs

Answers

Answer:

the $30 check that you wrote for the cds

Which of the following statements regarding the differences between managerial accounting applications for manufacturing and service companies is not true?

a. Overhead is an indirect cost incurred in serving customers in a service company.
b. Labor may be a direct cost to customers for a service firm.
c. Service companies require a physical production site.
d. Service companies may use cost of services on the income statement rather than cost of goods sold.

Answers

Answer:

Option C) Service companies require a physical production site is not a true statement.

Explanation:

Service companies require a physical production site is not a true statement.This is because service companies are engaged in providing service to their customers/clients.Providing services does not require a physical production site, because no production is generally involved in relation to the rendering of the services.

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What is the difference between private costs and social costs in economics?

Answers

Answer:

private cost are paid by the firms or consumer and must be included in production and consumption decision

social cost include both private cost and any other external cost to society arising from the production or any consumption of a goods and services

Explanation:

private costs are paid by firms or consumer and it must be included in production and consumption decisions while social costs are costs of both private costs and any other decision or consumption that are arising the community

state the relationship between AR and MR​

Answers

Answer:

The relation between average revenue and marginal revenue can be discussed under pure competition, monopoly or monopolistic competition or imperfect competition.

Mark me as brainliest please

Explanation:

Answer: it’s B. I just took the quiz.

Explanation:

I sleep with my light on and that’s ok

500 essay over what you did for the summer

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Answer: had fun

Explanation:

_________________is a group that decides what must be done to meet the functional objectives defined by leaders.

Answers

Answer:

I hope that answer is a team.

A sales rep is talking to a prospect about his companys product the prospect says shes been buying from a competitor for 10 years and likes thier product. What should the rep do first?

Answers

Ask what exactly about that competitor does the prospect like. From there compare how your product is just as good as theirs and then some by telling the prospect about what sets you apart.

The best statement that the sales rep should first do is guarantee the prospect a better price than they can get from the competitor.

A sales rep serves as a window for a firm sales because they meet directly with the prospect.

In conclusion, the best statement that the sales rep should first do is guarantee the prospect a better price than they can get from the competitor.

Read more about sales rep

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Nhà cung cấp hàng hóa ảnh hưởng gì đến doanh nghiệp

Answers

Che jist ches apoosh

Americans spend the largest portion of their budget on
a. entertainment
b. housing
c. transportation
d. food
Please select the best answer from the choices provided
Ο Α
ОВ
OD

Answers

B Answer

American spending larges portion in housing to live in rent are very high of living each each year up up 3 present of rent.

how did the looting of shops and malls will affect the businesses in the the terms of the relationships between social responsibility and triple bottom line?

Answers

Businesses reduce their incentives that will lead to minimizing their ability to carry out their part for social responsibility of the triple bottom line.

The triple bottom line is an obligation on businesses to not just look for their profit but include and maintain a good balance between these factors:

economic growth social welfare environment impact

Businesses should follow the Triple bottom line:

Making profits Making sure that there is positive social welfare on their part. Maintain ecological footprint

Thus, The correct answer would be - the ability of businesses to meet both their social responsibility and Triple bottom line is minimized and not as it was in normal conditions.

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What are real life situations of marketing concepts, as well as a definition.

Answers

Answer:

Marketing is the system of researching a market, offering value and satisfying the customer with a profit objective.

This discipline, also called marketing, is responsible for studying the behavior of markets and the needs of consumers. Analyzes the commercial management of companies in order to attract, attract, retain and retain end customers by satisfying their wishes and solving their problems.

Although the English and Spanish words are mentioned here, it is true that the use of "marketing" is more widespread today throughout the world.

In this complete content we are going to detail what marketing is, the types and strategies that exist, several examples, the difference between advertising and marketing, the characteristics of a good marketer, which profiles are the most demanded today, how to develop a marketing plan. marketing and you have several learning resources at your disposal

The marketing umbrella is very broad and encompasses all those strategies that help a company, brand or person to achieve their objectives.

Other possible definitions to answer what marketing means are:

"Marketing is a global system of activities related to the commercial world, aimed at planning, setting prices, promoting and distributing products or services that help satisfy the needs of the end customer."

"Marketing is the set of activities that aim to satisfy the consumer through a product or service, with a business benefit in between."

"Marketing is an internal process of companies by which the way to increase and satisfy the demand for products and services that have a commercial purpose is planned in advance, through the creation, promotion and physical or digital distribution of such merchandise or services . "

Explanation:

I hope it helps you

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