Why is it important to plan early for your retirement?
That way you can choose the right major in college.
In order to take advantage of the power of compounding.
Planning early will allow you to invest in new companies.
Taxes on retirement investments increase as you get older.

Answers

Answer 1

It is quite important to begin to plan early for your retirement In order to take advantage of the power of compounding.

Why should you plan early for retirement?

When you start planning early for retirement, you get to invest funds earlier and leave them to grow for longer.

This means that you can take advantage of the power of compounding, in that your investment will compound for longer and accumulate to higher levels.

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Related Questions

Which kind of food service outlets utilizes an intercom system for customers to order food?
A.
buffet service
B.
cafeteria service
C.
drive-through service
D.
table service

Answers

Answer: C.

Intercoms are a very useful system for businesses because, it allows the customers to just drive up an order from the machine rather than having to get out of the car and going into the restaurant establishment itself.

Please help!!


Take a critical and analytical (objective) look at your life. Think about your wants and needs. List in two separate columns your top ten wants and your top ten needs. For each one, give a one-sentence explanation about why it is a want or a need.

Next, explain why you need your needs, but don't need your wants. How does this change your perspective when considering things you want?

this what I have so far


NEEDS:

WANTS:

New clothing

New phone

Hair products

Oculus headset

New shoes

drone

Education(college)

Car

My driver's License's

Phone case

Answers

1. List Needs n Wants with explanation

Need (act every human only got 3 needs - clothes, shelter, food n drink) but due following the era ; here is my personal thought

- clothes ( not more or less, just to keep me warm n protect my body)

- foods ( give energy to keep us productive for working out the day)

- home (for shelter from rain, sunny hot day and to sleep in privacy)

- phone (to make sure we haven’t missed anything happening out there and for communicate)

- money (so that all the needs can be fulfilled)

- shoe (protect feet from outdoor floor, tar etc.)

- education ( either paid or unpaid by own research online, books etc. cus world need more peoples with brain)

- news ( to get updated on what’s happening on earth or out. Inc online news, formal or informal)

- mask (due to new norm)

- goals ( dream as high as the sky, atleast when u fall u would falling among the stars or less on top of the mountain)

- air (nobody lives without it)

Want
- Car (to move from place to place faster)

- internet •esp wifi (to get stay connected with information and communicate more easily with people online)

- Starbuck coffee (normal coffee is fine tho, but Starbucks is win)

- Laptop (to do work and easier to join class/meeting online due to we got a lots of WFH nowadays)

- Air-cond ( to sleep soundly and extra comfort to stay at home )

- TV ( for entertainment and news )

- Fridge (to keep foods n beverages fresh and cool)

- Make up (to build self confidence and cover flaws)

- vacuum cleaner ( to sweep floor or wall easily and fast)

-air fryer ( shorten my cooking time and no sweat)

2. Why
Because i still can live my life without my „wants“ list fulfilled. I can use public transport instead of buying car which will give me more commitments to commit in. While for internet, i can read books in library or use free access internet provides to gather n gain informations instead of pay my own monthly internet bills etc.

A service business is less subject to price competition than a product business. True
or False?
Select one:
O True
O False

Answers

Answer: True

Explanation:

why does the hand and foot are the most abused part of the body ?pa help po ​

Answers

The hand and foot are the most abused part of the body because they are used to perform majority of the functions and movements in individuals.

What is Movement?

This happens when an organism or object changes its position over time. The hand and foot are majorly involved in movement from one place to another.

They are also responsible in performing tedious physical activities which is why they are the most abused part of the body.

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When he worked in the office alongside his co-workers and supervisor, Nikola just had to show up for eight hours and everyone thought he was productive. However, now that he works remotely, he feels he has to prove he's been working by getting projects done and sending them to his boss, and he has actually become more productive as a result. Nikola's experience is an example of one of the benefits of __________.

Answers

The given scenario of the remote work which Nikola does is an example of telecommuting.

What is Telecommuting?

This refers to the practise of working from home making use of internet based devices to communicate and execute tasks.

With this in mind, we can see that based on the scenario, Nikola had to show up for 8 hours to be thought productive by his co-workers and when he started working remotely, he became even more productive and this is an example of telecommuting.

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The upward-sloping portion of the long-run average cost curve is a result of:.

Answers

Answer:

average cost is increasing

Explanation:

Which term works best as a title for the list?

?

Is a factor of production

Refers to natural resources

Includes trees, oil, and salt

A. Labor

B. Land

C. Capital

D. Entrepreneur

Answers

Personally I believe it’s B and so I hope this helps!
B. land

The Land is th term that works best as a title for the list that it is a factor of production. Hence, option B is appropriate.

What is the meaning of Land?

The solid terrestrial surface of Earth that is not covered by an ocean or other body of water is referred to as land, sometimes known as dry land, ground, or earth. It encompasses all continents and islands and accounts for 29.2% of the Earth's surface. The solid terrestrial surface of Earth that is not covered by an ocean or other body of water is referred to as land, sometimes known as dry land, ground, or earth.

The term "land" refers to all natural features that have been given to a place or piece of property, including the surrounding landscape, fields, woods, minerals, climatic conditions, fauna, and water bodies or sources.

The word "land" comes from the Old English word "land," which also meant "defined section of the earth's surface, the home region of a person or a people, territory marked," and "ground, soil."

Hence, option B is correct.

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Many customers value fast, fresh, flavorful food that is free of preservatives, chemicals, and antibiotics. The marketing mix factor that represents the value of the product to a customer is:

Answers

The marketing mix factor that represents the value of the product to a customer is price.

What is marketing mix?

Marketing mix simply means the elements that are involved in the marketing of a good. They're product, price, place, and promotion.

In this case, the marketing mix illustrated is price since it deals with the value of the product.

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Through which tool does the federal reserve affect money available for banks to loan? discount rate money multiplier open-market operations reserve requirement

Answers

The federal reserve affects money available for banks to loan by using the reserve requirement tool.

What is the reserve requirement in monetary policy?

Reserve requirement is said as the set-aside funds by the commercial banks that they utilize for meeting their liabilities and instant withdrawal from customers.

Therefore, when Fed increases the rate of reserve requirement then banks need to hold the large amount which reduces their ability to loan more funds. It ultimately reduces the money supply and vice-versa.

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Answer:

d or Reserve requirement

Explanation:

flex point 2023

Question 1 of 10
In a command economy, decisions about which goods are produced are
based on:
A. what the local community has made for generations.
B. what businesses believe will generate the most profits.
C. what the government decides is important for society.
D. what goods are most likely to sell in international markets.
SUBMIT

Answers

Answer:

the correct answer is a

Explanation:

Alex suggests conducting an after action review so the company is better prepared to prevent similar situations in the future. He also suggests that they should conduct competitor analyses. If Amy wants everyone to conduct after action reviews and competitor analyses, what can she do to create a culture that supports these efforts

Answers

To create a culture that supports these efforts, it is essential to create a strategic management focused on analysis, control and review of organizational actions.

What is strategic management?

It consists of formulating and implementing actions that will lead to the achievement of stipulated goals and objectives, providing a direction for the company to be competitive and positioned in the market.

Therefore, strategic management will lead to the development of plans and policies, along with the allocation of resources to achieve objectives.

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Describe some of the arguments that supporters and opponents of wealth tax make.

Answers

The arguments that the supporters of Wealth Tax make is that it would help to make a progressive tax system and also ensure income inequality is reduced. The opponents argue that it would reduce the income of the wealthy.

What is wealth tax?

This is regarded as the type of tax that is placed on the individual assets that people own.

This tax is on the cash they have, their personal belongings, their properties and their securities.

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Underapplied factory overhead represents a.an unfavorable total factory overhead cost variance. b.actual factory overhead. c.a favorable total factory overhead cost variance. d.None of these choices are correct.

Answers

Underapplied factory overhead represents An unfavorable total factory overhead cost variance.

What is an Underapplied Factory Overhead?

An underapplied factory overhead is a term that refers to a situation that comes up when overhead expense results in what a factory or company did not budget for in the long run.

Underapplied factory overhead leads to unnecessary cost implications for the company. It is an unforeseen budget that eventually comes up in the long run.

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Cerina likes to make products while ensuring that accidents are kept to a minimum. which career pathway would be the best fit for cerina? maintenance, installation, and repair quality assurance logistics and inventory control health, safety, and environmental assurance

Answers

Cerina enjoys creating items while keeping accidents to a minimum. Cerina's career path would be most suited to health, safety, and environmental assurance.

What are health, safety, and environmental assurance?

Employees in the Health, Safety and Environmental (HSE) Assurance department make certain that:

The equipment is used safely Plan for safety in new manufacturing processes. Conduct incident and hazard investigations in the areas of health, safety, and/or the environment.Conduct incident and hazard inspections for health, safety, and/or the environment.Implement programs, projects, policies, or procedures related to health, safety, and/or the environment.

Therefore, option (d) is the correct answer.

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Answer:

I would  say d

Explanation:

A young couple living in the rural south heard about the closing of a local grocery store. although a small operation, it served a small community that would now have to travel another 20 miles to the nearest grocery store. with help from a local realtor and banker, the couple purchased the store, remodeled it, and reopened it. as new storeowners, they had to carefully watch cash flow. as their customer base began to grow, they hired others to help with the operation. the economic benefit they created can be considered

Answers

The invisible hand is the answer

The ______ argues that combining location specific assets or resource endowments and the firm's own unique assets often requires FDI.

Answers

Answer:

The eclectic paradigm argues that combining location specific assets or resource endowments and the firm's own unique assets often requires FDI.

What are 3 ways the natural gas been used in oroduction

Answers

Answer:

The industrial sector uses natural gas as a fuel for process heating, in combined heat and power systems as a raw material to produce chemicals, fertilizer, hydrogen, and plant fuel.



Explanation:

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Highly achievable budget targets ______. Multiple select question. should not be used when budgets are tied to bonuses are used in most companies may generate greater management commitment to the budget may increase the likelihood that managers will engage in undesirable behavior may help build manager confidence

Answers

Highly achievable budget set by a company or organisation is used in order to Target the following;

Are used in most companies may generate greater management commitment to the budgetmay help build manager confidence

What is a Budget?

A budget refer to total estimate of a company's or individual or country revenue and expenses over a specified period of time and is usually compiled and re-evaluated often and often.

Therefore, Highly achievable budget help to Target the following;

Are used in most companies may generate greater management commitment to the budgetmay help build manager confidence.

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what independent sales branch is being replaced by a manufacturer sales branch

Answers

the independent one is the one left alone

On january1, 1994, Joan sMITH BEGAN HER BUSINESS BY INVESTING 35,000 in cash in a checking account that

Answers

A checking account is important to keep the money for easy withdrawals through usually an Automated Teller Machine, or ATM

What is Accounting?

This refers to the record-keeping of financial records with the aim of keeping track of the finances of a business or corporation.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

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Budgets ______. Multiple choice question. Focus on what has happened in the past communicate management's plan throughout the organization primarily help managers with day-to-day emergencies

Answers

Budgets assist to communicate management's plan throughout the organization.

What is budget?

A budget is a spending plan based on income and expenses. It is an estimate of how much money you'll make and spend over a certain period of time.

The purpose of the budget is to establish financial objectives with the monitoring and measurement of results, enabling better decision-making.  Budget is done for allocation of expenditures for various purposes over the next year.

Hence, budgets communicate management's plan throughout the organization.

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According to the cross-price elasticity of demand, when the price of DVD players drops, the demand for DVDs is likely to

Answers

Answer:increase

Explanation:

Suppose that, from 1985 to 1986, unemployment fell from 7.2 to 7.0 percent and inflation fell from 3.8 to 1.1 percent. an explanation of these changes might be that the

Answers

An explanation for the situation when unemployment fell from 7.2 to 7.0 percent and inflation fell from 3.8 to 1.1 percent is that aggregate supply curve shifted to the right

What is an aggregate supply?

An aggregate supply refers to the overall supply of goods and services that is produced within an economy at a price in a period of time.

In conclusion, when productivity increases or the price of key inputs falls, the the aggregate supply curve shifts to the right and makes lower inflation, higher output, lower unemployment possible.

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Maxine views her company as a grouping of departments that must work together and as a single entity that has customers, suppliers, and competitors. Maxine is utilizing: _____________


a. Total quality management.

b. A quantitative viewpoint.

c. Qualitative management.

d. A systems viewpoint

Answers

Maxine is utilizing a system's viewpoint when she views the company as a single entity.

What is System's viewpoint?

This is defined as an open social systems that must interact with their environments in order to survive.

Maxine viewing the company as grouping of departments that must work together and as a single entity  depicts system's viewpoint which was why option D was chosen as the most appropriate choice.

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Negative criticism is generally
a. private
b. public
C. productive
d. practical
Please select the best answer from the choices provided
Ο Α.
OB
ОС
OD

Answers

Answer:

I think it's b. public

Explanation:

Please mark me brainliest if correct

Negative criticism can be either private or public. Private criticism is usually conveyed in a one-on-one conversation while public criticism is often shared openly in a group setting. Thus option (A) and (B) are correct.

What are negative criticism?

The negative criticism is productive or practical depends on how it is delivered and received. The negative criticism that is delivered poorly or without consideration for the recipient's feelings and perspective may not be productive or practical.

Private criticism is usually conveyed in a one-on-one conversation, email, or private message. It may be more constructive as it allows for a more personalized and in-depth discussion of the issues.

Public criticism, on the other hand, is often shared openly in a group setting  and it can be more damaging and less productive if not delivered constructively.

The negative criticism can be either private or public Therefore, option (A) and (B) are correct.

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Melissa engages in an activity that influences the well-being of a bystander. In order for melissa’s activity to give rise to an externality, it must be the case that:.

Answers

Melissa fails to recognize the impact of her activity on the bystander's wellbeing.
- the bystander fails to recognize the impact of Melissa's activity on his or her wellbeing.
- the well-being of the bystander is adversely impacted by Melissa's activity.
- Melissa neither pays nor receives any compensation for her activity. X(So that someone else gets/pays as a result of her activity.)
the well-being of the bystander is adversely impacted by Melissa's activity.

In the new global economy, an increasing proportion of influential financial decisions are being made in

Answers

An increasing proportion of influential financial decisions are being made in Major corporate centers such as New York, London, and Tokyo in

new global economy.

What is global economy?

The global economy serves as the economy of all humans of the world, which is the global economic system.

And this includes all economic activities which are conducted both within and between nations.

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How long can someone leave their belongings on your property.

Answers

anywhere between a week and a year

A decrease in the demand for loanable funds would most likely be caused by a(n):

Answers

A decrease in the demand for loanable funds would most likely be caused by a decrease in business opportunities or transactions.

What are loanble funds?

Loanable funds are money or lumbsum available for individual or group of people to loan.

This funds are made available by an economy or an indication to support businesses.

People borrow more when there is good business transaction.

Therefore, A decrease in the demand for loanable funds would most likely be caused by a decrease in business opportunities or transactions

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A drop in demand for loanable cash is most usually due to a drop in business possibilities or transactions.

What factors influence the demand for loanable funds?

The desire for investment is the most important factor driving the demand for loanable cash. The expenditure of funds on the acquisition of new capital goods and inventory is referred to as an investment. The cost of borrowing cash for investment is readily represented by the interest rate.

The loanable funds market describes how this borrowing occurs. Savings provide the source of loanable funds. Borrowing drives the demand for loanable cash. The real interest rate and the amount loaned are determined by the interaction of the supply of savings and the demand for loans.

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When parents or eligible students request inspection and review of education records, federal law stipulates that the requested information must be provided within:.

Answers

The period of time that is requested for inspection and review of education records, according to federal law is 45 days.

What is an education records review?

This is a review of the academic standing of a student. The reason why the review is needed is probably because the student wants to apply for a new school.

According to federal law, when the request is received, the records must be provided within 45 days.

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