According to the 50-30-20 Rule, you should plan on spending 30 percent of your income option A. wants
The 50/30/20 rule of thumb is a tenet for allocating your finances as a consequence: 50% to “needs,” 30% to “wishes,” and 20% to your economic dreams. the rule became popularized in an ebook by way of Elizabeth Warren and her daughter, Amelia Warren Tyagi. Your chances can also want to be adjusted primarily based on your private situations.
For individuals who don't know, the 50-30-20 budget plan is an American concept that seeks to shop cash and finance your cash neatly. After taxes, your income has to be divided into: 50% on crucial desires; 30% on needs; and 20% on paying off your debt or putting aside price range in case of an emergency.
The 50/30/20 rule is a clean budgeting approach that can help you to manipulate your money correctly, virtually, and sustainably. The simple rule of thumb is to divide your month-to-month after-tax profits into three spending categories: 50% for desires, 30% for desires, and 20% for financial savings or paying off debt.
Learn more about income here: https://brainly.com/question/25745683
#SPJ1
Answer: 20% of your income will be spent on GOALS
Explanation: i took the test.
1. Please reflect on how the money multiplier concept can be an important tool of both expansionary as well as contractionary monetary policy for any central bank such as the U.S. Federal Reserve Bank?
2. The Federal Reserve Bank lowered the required reserve ratio to 0% across the board in 2020. Explain the potential reasoning behind this lowering to 0% and its intended effect on the economy.
The money multiplier concept uses three key actions that is done by the Fed so as they can widen the economy and these includes the use of a decreased discount rate, the buying government securities, and also by lowering reserve ratio.
What is expansionary and contractionary monetary policy?A monetary policy that is known to be that which helps to lowers interest rates and influence borrowing is called an expansionary monetary policy or one can say a loose monetary policy.
Also, a monetary policy that tends to bring up interest rates and lowers borrowing in any economy is known to be a contractionary monetary policy and also called tight monetary policy.
Thee potential reasoning behind this lowering to 0% and its intended effect on the economy?Note that Expansionary monetary policy aims to increases the money supply while Contractionary monetary policy aims lower the money supply.
Therefore, the use of lower rates of economic growth is one that tens to give more likelihood or chance for the shift to renewable energy. It also leads to more saving, and investing.
Learn more about multiplier concept from
https://brainly.com/question/8263146
#SPJ1
Valentina recently applied for a microloan from the Small Business Administration. Although several conditions are important, the SBA's decision to grant or deny the loan will largely depend upon
Although several conditions are important, the SBA's decision to grant or deny the loan will largely depend upon: the soundness of her business plan, and her integrity.
What is microloan?
Microloan can be defined as the loan given to small business or small scale business owners
For small business administration to give out a loan to small scale business owner they must tend to check the business plan that was tender to them so as to know the soundness of business plan and to as well find out whether the person is trustworthy and has integrity before giving the loan to the person.
Hence, the SBA's decision to grant or deny the loan will largely depend upon: the soundness of her business plan, and her integrity.
Learn more about microloan here:https://brainly.com/question/10233112
#SPJ1
Following an active duty period of 45 days, when must an employee return to work or apply for reemployment?.
More than 31 days but less than 180 days. The employee must apply for reinstatement within 14 days after completion of military service.
How many days a year is active duty work?Types of Military LeaveAn employee can carry over a maximum of 15 days into the next fiscal year.
5 U.S.C. 6323 (b) provides 22 workdays per calendar year for emergency duty as ordered by the President, the Secretary of Defense, or a State Governor.
How many leave days can you carry over in the Army?A special leave accrual allows Soldiers who have served between March 11 and Sept. 30 of 2020 to carryover up to 120 leave days of leave into fiscal year 2021, doubling the normal carryover limit of 60 days.
To learn more about reinstatement visit: https://brainly.com/question/10730254#SPJ4During which period does the fed appear to be most anti-inflation? explain your answer
In most of the 1970 period, the fed appear to be most anti-inflation. The United States has been experiencing a pattern of rising prices since the late 1960s.
Inflation refers to an overall rise in the cost of goods and services throughout a nation. Inflation in United States started gradually increasing from yearly rates that had previously been less than 2 percent for several years.
The Federal Reserve tightened policy in 1973 in response to rising inflation rates. However, the Fed loosened its stance before adequately controlling inflation in response to increased unemployment. In December 1976, the annual inflation rate reached a low of 5% before rising once more.
According to the personal consumption expenditure index, prices had increased 7.7% from the previous year by January 1979, raising concerns that inflation would continue to climb. Concern was also raised regarding the US currency, which had declined 13% in value versus.
To learn more about Inflation, refer
https://brainly.com/question/28190771
#SPJ4
The clearing account used to close the temporary accounts and which will also be closed before the finish of the accounting cycle is:_______
a. fees earned.
b. common stock.
c. dividends.
d. income summary.
The clearing account used to close the temporary accounts and which will also be closed before the finish of the accounting cycle is d. income summary.
The clearing account definition is that it's a brief account containing prices or amounts to be transferred to another account. Clearing debts are regularly known as a wash account or cash clearing account. finances take a seat in a clearing account for a brief length until they may be moved wherein they belong.
Closing entries are used to switch the contents of the temporary accounts into the permanent account, Retained profits, which resets the brief balances to zero, permitting tracking of revenues, costs, and dividends in the next period.
Temporary accounts consist of revenue, expenses, and dividends, and these accounts ought to be closed at the stop of the accounting year.
Learn more about income summary here: https://brainly.com/question/15169974
#SPJ4
When economists say that money serves as a medium of exchange, they mean that it is:________
When economists say that money serves as a medium of exchange, they mean that it is a monetary unit for measuring and comparing the relative values of goods.
A medium of exchange is a that intermediary instrument or system which is used to facilitate the sale or purchase, or even trade of goods between parties.
For a system to act as a medium of exchange between two parties, it must represent a fixed standard of value. But for this all parties must accept that standard. In modern economies, the medium of exchange is currency or money.
Money enables everyone who possesses it to participate as an equal market player. When consumers use money to purchase an item or service, they make a bid effectively in response to an asking price.
To know more about money as a medium of exchange here:
https://brainly.com/question/10936639
#SPJ4
The _____________ film was originally a back-to-the-roots project, but instead showed hard feelings at perhaps the lowest point in their career
The Let It Be film was originally a back-to-the-roots project but instead showed hard feelings at perhaps the lowest point in their career.
When you're done, remove the substrate bag from the box, flip the bag over to the unused side, and cut an X just like the first cut on the other side of the bag. Scrape off the white mycelium as in the first harvest and soak the bag in the water again overnight.
If you can find quality kits, yes - absolutely. There are many different back-to-the-roots brands of Mushroom Kits with different types of mushrooms you can grow. As such, it's worth doing a little research before diving in.
Learn more about the film at
https://brainly.com/question/25666614
#SPJ4
If a married couple have a joint account with a market value of $1 million and a debit balance of $600,000, all of which is in securities, how much coverage would this account have?
$400,000 equity will be the coverage provided for the account.
What is a joint account?A joint account is just another saving account, but the difference is that it is shared between two people, i.e, two people are the owner of that account this is generally shared between two partners or a spouse.
The maximum bandwidth for a joint account is $500,000; but, a margin account only covers the equity, thus the debit balance is deducted from the market value. from deducting the market value of $1 million from the debit balance of $600,00 to leave $400,000 equity.
Learn more about the joint account, here:
https://brainly.com/question/23507729
#SPJ4
The firm's cost of external equity raised by issuing new stock is the same as the required rate of return on the firm's outstanding common stock.
a. true
b. false
The firm's cost of external equity raised by issuing new stock is the same as the required rate of return on the firm's outstanding common stock.
This statement is false.
Cost of equity is the rate of return paid out by company to equity investors. A firm uses cost of equity to assess the relative attractiveness of investments which includes both internal projects as well as external acquisition opportunities.
Companies mostly use a combination of equity and debt financing, with equity capital being more expensive.
The cost of equity can be calculated by using either the CAPM known to as Capital Asset Pricing Model or Dividend Capitalization Model used for companies that pay out dividends.
To know more about cost of equity here:
https://brainly.com/question/14041475
#SPJ4
What is a primary responsibility of Business Owners in Program Increment (PI) Planning?
Draft of plan reviews is a primary responsibility of Business Owners in Program Increment (PI) Planning.
Who is a business owner?This is used to refer to a person that is engaged in one form of trade or the other. This is a person that establishes and manages a trade on their own for the sake of profit or to make a living.
The Program Increment (PI) Planning is a program that is a heart beat of the agile training that business owners have to undertake. This type of training is a face to face training. It helps to align all teams to a given vision and a mission.
Read more on business owner here : https://brainly.com/question/2260433
#SPJ1
What global business practice has the greatest potential for creating economic challenges?
Layoffs are the global business practice that has the greatest potential for creating economic challenges.
A layoff is when an employer permanently or temporarily terminates an employee's employment for factors unrelated to that employee's performance.
Layoffs are a common cost-cutting measure used by businesses, frequently in response to a fall in demand for their goods and services during a recession.
A layoff originally meant a temporary loss of a job in seasonal industries, but over time, the word has changed to include a permanent break from a previous employment for financial reasons.
A layoff could occur if a company closes or moves. Or it might be brought on by a downturn in the employer's business during a recession.
To learn more about Layoffs refer to:
https://brainly.com/question/1357989
#SPJ4
When a red blood cell is recycled, its iron can be reused by the body but its ________ is processed in the liver as a waste product.
When a red blood cell is recycled, its iron can be reused by the body but its bilirubin is processed in the liver as a waste product.
What exactly is bilirubin?The red-orange chemical bilirubin (BR), sometimes known as "red bile," is produced by the usual catabolic process used by vertebrates to break down heme. The body needs to go through this catabolism in order to get rid of waste products that result from the oxidation of old or dysfunctional red blood cells.
The heme molecule is separated from the hemoglobin molecule in the initial phase of the bilirubin production process. The steps of porphyrin catabolism that heme goes through next vary depending on the part of the body where the breakdown takes place.
Learn more about bilirubin with the help of the given link:
brainly.com/question/28046724
#SPJ4
The consumer price index tries to gauge how much incomes must rise to maintain a. a constant standard of living. b. an increasing standard of living. c. a decreasing standard of living. d. the highest standard of living possible.
a. a constant standard of living.
The phrase "standard of living" refers to the amount of money, basic needs, luxuries, and other goods and services that are often easily accessible to a certain community. In essence, it is a statistic that assesses the volume of tangible commodities produced and sold within a given geographic region, such as a city, province, state, or nation.
Although closely tied to the idea of the standard of living, it is thought to be separate from a measurement of the local quality of life. Numerous elements that are thought to be relevant to both measurements are regularly used to compare the standard of living and quality of life.
Learn about the standard of living here:
https://brainly.com/question/10629222
#SPJ1
Explain why proponents of Keynesian economics believe that it is unlikely for wages and prices to decrease, even if cyclical unemployment is high, and therefore the best remedy to correct a recessionary gap is through stimulating AD. How can just a little bit more of extra spending in the economy lead to a much greater impact on real GDP produced
The Keynesian economics believe that it is unlikely for wages and prices to decrease, even if cyclical unemployment is high because of these beliefs:
Money illusion Minimum wage law Employment contractIncreased government spending in most cases do bring about aggregate demand (AD which can result in greater growth in the short-term.
What is the belief of Keynesian economics ?Keynesians have the belief that prices are somewhat rigid and can fluctuations with respect to spending.
These spending could be :
consumption investment government expendituresLearn more about Keynesian economics on:
https://brainly.com/question/14223529
#SPJ1
A currency used as an intermediary to convert funds between two other currencies in the foreign exchange market is called a ________
A currency used as an intermediary to convert funds between two other currencies in the foreign exchange market is called a vehicle currency.
A currency is the standardization of cash in any form, in use or flow as a medium of exchange, for example, banknotes and coins. An extra preferred definition is that forex is a device of cash in commonplace use inside a specific environment over time, especially for humans in a country kingdom.
Currency conversion prices fluctuate among agencies as every enterprise manipulates the interbank price to make an income. that is typically completed on extent; the higher the volume, the nearer you get to the interbank price. We come across lots of competition that publish interbank quotes online as bait to hook new clients, however, once clients are onboard, they change the rate extensively, no longer normally inside the customers' favor.
Any shape of cash this is authorized by means of the government and utilized by the public for buying and selling is called currency. it could be smooth cash in the form of rupees or tough cash in the shape of cash. each united states of America have its own currency. For instance, the foreign money of India is Rupees.
Learn more about currency here https://brainly.com/question/2202418
#SPJ4
The _____ role of a manager consists of relationships with other people as figurehead, leader, and liaison. group of answer choices
The interpersonal role of a manager consists of relationships with other people as a figurehead, leader, and liaison.
What is a manager's interpersonal responsibility?The interpersonal responsibilities of a manager include serving as a team player, manager, and leader. It takes communication skills, emotional intelligence, listening skills, teamwork, influencing, persuasion and negotiating skills, mediation and conflict resolution skills, and decision-making and problem-solving abilities for someone to effectively play the position of a leader.
As a manager, it is her/his responsibility to ensure that everyone is aware of their respective responsibilities, tasks, and goals. Planning, organizing, and controlling abilities are necessary for this. As a team player, she or he must create a team culture, establish team objectives, serve as a sounding board, and be aware of the abilities, skills, and shortcomings of the other team members.
Learn more about Interpersonal roles with the help of the given link:
brainly.com/question/26076814
#SPJ4
In two recent court cases, students in counseling master’s degree programs were dismissed from their training programs because they failed to?
The students in counseling master’s degree programs were dismissed from their training programs because they failed to learn how to counsel LGBT Clients effectively.
Who are the LGBT Clients?This refers to clients on matters of lesb-ian, ga-y, bisex-ual, and transgender.
Because of the controversial nature of the matters, the students in counseling master’s degree programs were dismissed from their training programs because they failed to learn how to counsel LGBT Clients effectively.
Read more about counseling
brainly.com/question/27712678
#SPJ1
After the closing entries have been posted, the new balance in the retained earnings account will equal the retained earnings reported in the balance sheet.
a. True
b. false
After the closing entries have been posted, the new balance in the retained earnings account will equal the retained earnings reported in the balance sheet: (A) TRUE
What are closing entries?Closing entries are journal entries made at the end of a fiscal period to convert temporary accounts to permanent accounts. An "income summary" account can be used to demonstrate the difference between revenue and expenses, or it can be directly closed against retained earnings, from which dividend payments will be withdrawn. This procedure is used to return the temporary account balances to zero for the next accounting period.Following the posting of the closing entries, the new balance in the retained earnings account will equal the retained earnings recorded on the balance sheet.Therefore, the statement "after the closing entries have been posted, the new balance in the retained earnings account will equal the retained earnings reported in the balance sheet" is (A) TRUE.
Know more about closing entries here:
https://brainly.com/question/27857473
#SPJ4
When drafting an expense budget, such as estimating overhead expenses, it is recommended that you use a ______________ estimate, because you do not want to underestimate expenses.
When drafting an expense budget, such as estimating overhead expenses, it is recommended that you use a liberal estimate, because you do not want to underestimate expenses.
The expense budget shows the revenue and capital payments of various departments or ministries and presents the estimates in respect of each under plan and non-plan. In this budget, expenses mostly include operating expenses, like utilities, rent, payroll, and advertising.
One should not underestimate expenses, so in that case it is recommended that to use a liberal estimate, when drafting an expense budget and when estimating an overhead expenses.
Hence, the answer is given and explained above.
To learn more about expense budget here:
https://brainly.com/question/18242060
#SPJ4
If idle resources are put to use and more output is produced in an economy, there will be:____.
When idle resources in an economy are then put to use and more output is produced, this leads to economic growth.
What happens when idle resources are used?In order to produce goods and services in a country, there are resources that are needed such as capital, land, and labor.
This means that if there are no resources, there will be no production. When there are idle resources, production could be happening but isn't which is a waste.
When these idle resources are therefore used, there will be increased production in an economy.
Increased production points to economic growth which only happens when production increases in a nation.
In conclusion, idle resources being used will lead to economic growth.
Find out more on economic growth at https://brainly.com/question/1690575
#SPJ1
Answer:
economic growth
Explanation:
A firm may opt to pay millions of dollars for celebrity endorsements in order to:_____
A firm may opt to pay millions of dollars for celebrity endorsements in order to signal to consumers that the advertised product is appealing and likely to be popular.
A consumer is defined as an individual or business that consumes or uses goods or services. A customer is a buyer in the economy who buys goods and services and can exist as a consumer or as a sole customer.
Consumers are sometimes contrasted with producers. For example, a company that manufactures toothpaste is a producer. And if you buy this toothpaste, you are a consumer. However, be aware that people often produce and consume the same item.
It is the producers and consumers who buy and sell. Producers create or produce goods and provide services, and consumers buy those goods and services with money. Most people are both producers and consumers.
Learn more about consumers here: https://brainly.com/question/380037
#SPJ4
When a leader creates structure, she has explicitly identified goals for the team.
a. true
b. false
A leader creates structure, she has explicitly identified goals for the team true.
Clever dreams are precise, measurable, viable, sensible, and well timed. This type of goal setting is specifically useful while running with Gen Y employees who've grown up surrounded by using this technique in colleges and universities. team desires are the targets or milestones that a team commits to operating closer together. team dreams often degree factors in a system or increase talents throughout a business enterprise. crew dreams can also assist personnel feels more invested in the business enterprise's goals considering they make a contribution to developing them.
Someone or factor that leads; a guiding or directing head. a person who guidelines, guides, or conjures up others. One whom others comply with. permit's dived a little deeper into the means of that closing phrase, chief. The word “leader” is often pressured with other words, like supervisor or boss, or elected professional.
One definition of leadership is to “inspire, affect and guide others to participate in a common effort.” top leaders don't just bark orders or hand out directives with no clarification. as an alternative, they use powerful communication and motivation techniques to facilitate movement by way of their teams.
Learn more about leaders here:
https://brainly.com/question/12522775
#SPJ1
When creating your résumé, you should _____. a. tailor it to the needs of the employer b. use industry and job related terms c. match it to the job description d. all of the above please select the best answer from the choices provided a b c d
The principle to follow for forming a marketable resume stands D. all of the above.
What is a resume?
A resume exists as a formal document that a job application forms to itemize their capabilities for a position. A resume is usually accompanied by a customized cover letter in which the applicant represents an interest in a characteristic job or company and draws attention to the most relevant specifics on the resume.
A resume exists as a CV (Curriculum Vitae) or a document produced and operated by an individual seeking employment or an appointment to present their:
BackgroundSkillsAccomplishments.To play a successful resume, one should:
Tailor it to the requirements of the employer.Usage industry and job-related terms.Compare it to the job description.The principle to follow for forming a marketable resume stands D. all of the above.
To learn more about resume refer to:
https://brainly.com/question/12923976
#SPJ4
Using the classical perspective and the ad/as model, what will happen to the aggregate price level, real gdp, and unemployment rate in the long run?
Along the AD curve, real GDP increases as the price level decreases. Changes in the expense level will cause a movement along the AD curve.
Ad/As modelWhen the output is smaller than the aggregate order, it means consuming families are saving less. This will result in an unplanned decrease in inventories of unsold stock. Firms will expand production by employing more workers until AS and AD once again becomes equal, i.e., until the balance is restored (AD = AS). Negative shocks reduce output and increase unemployment. Positive shocks improve production and reduce unemployment.
An increase in AD will raise the price level. On the other hand, an expansion in AS will decrease the price level. If the AD increases more than the AS, then, the price level will rise. Contrariwise, if the AS change is more than the AD change, the price level will decline.
To learn more about Ad/As model visit the link
https://brainly.com/question/13846177
#SPJ4
Under the sipde system, to be able to make estimates and predictions, what are the three rules you must remember?
Rules of the road, rules of the killer dynamics, rules of human; rules to be remembered under the SIPDE system, to be able to make estimates our predictions are rules of roads, dynamics, humans.
More about SIPDE :
The procedure is a simple method for addressing the driving challenge. It is an acronym for a 5 step process for defensive driving.
Search the road and any off-road areas 20 to 30 seconds in advance is what "S" stands for. "Identify" anything in the next 12 to 15 seconds that might get in the way of your intended course of travel. P is stated as predict what actions or alterations in the environment on or near the roadway might make the situation more dangerous D stands for "Decide," therefore decide what steps you should take to assist reduce hazards. "E" stand for "Execute" the decision you have made.
Learn more about the roads here:
https://brainly.com/question/12384327
#SPJ1
What are the characteristics of the talent management approach to strategic hrm?
Some employees are singled out as "stars", some employees are expected to generate huge financial returns, also the company grooms specific employees to fill valuable positions.
HRM: What is it?Recruiting, hiring, deploying, and managing personnel are all parts of human resource management (HRM), a practise. Human resources is a common abbreviation for HRM (HR). The HR department of a business or organization is often in charge of formulating, implementing, and monitoring the organization's policies pertaining to employees and the interaction between the business and its workforce.
When referring to all of the employees of a company, the word "human resources" was originally used in the early 1900s. It then gained wider popularity in the 1960s.
Learn more about HRM with the help of the given link:
brainly.com/question/20566546
#SPJ4
The critical ways that firms can obtain a sustainable competitive advantage are/is called the _____ for that industry.
The critical ways that firms can obtain a sustainable competitive advantage are/is called the barriers to entry for that industry.
What is competitive advantage?Competitive advantages refers to those economic variables, which place a company above its competitors whereas it is produces similar goods at a cheaper rate, compared to its rival.
It is the ability of a company to produce goods more efficiently than its competitors, which leads to greater profit margins.
Examples of competitive advantage are:
Access to natural resources that are restricted from competitors.Highly skilled labor.Unique geographic location.Learn more about competitive advantage here: https://brainly.com/question/26514848
#SPJ1
What is the likely reason for the persistence of so many myths about the use of public welfare programs like tanf and snap?
The welfare programs seem to provide benefits to individuals who have not earned them, whereas others who are working struggle financially and do not receive benefits.
Social welfare programs inside the u.s. are packages designed to make certain that the simple wishes of the yank population are met. Federal and nation social applications encompass cash help, health insurance, food help, housing subsidies, strength and utility subsidies, and schooling and childcare assistance.
There are seven foremost welfare programs in US, they consist of Medicaid, Supplemental Security earnings (SSI), Supplemental vitamins help software (SNAP), toddler's health insurance program (CHIP), transient help to Needy households (TANF), housing assistance, and the Earned Income Tax credit (EITC).
Some of the major federal, country, and nearby social welfare applications are: Supplemental protection profits (SSI) Supplemental nutrients help application (SNAP) unique Supplemental nutrition program for women, infants, and kids (WIC).
Learn more about welfare programs here https://brainly.com/question/24251246
#SPJ4
Every resident agent must have and maintain at their place of business the usual and customary records pertaining to transactions under their license for at least how long?
Every resident agent must have and maintain at their place of business the usual and customary records pertaining to transactions under their license for at least 5 years.
This is further explained below.
What is a license?Generally, The following is a direct quote from the Indian Easements Act of 1882: "License, defined. — Where one person gives to another, or to a fixed number... while, under the Indian Easement Act, Section 52 provides the definition of a license. In accordance with the aforementioned provision, in the event that a document alone. India's highest court, the Supreme Court.
In conclusion, Every resident agent is required to have the usual and customary records related to transactions conducted under their license, and these documents must be kept at the resident agent's place of business for at least five years.
Read more about license
https://brainly.com/question/15829119
#SPJ1
Who is most likely to have general information about financial aid at many different institutes of higher education?
Answer:
high school counselor.
Answer:
High school counselor