Find an example, in the last tenyears, of the Federal Reserve's use of monetary policy. Be specificas to the actions. Was it successful? Explain.

Answers

Answer 1

The Federal Reserve employed monetary policy in the last ten years, specifically adjusting the federal funds rate multiple times since the 2008 financial crisis. This strategy was successful as it helped stabilize the economy and keep inflation low.

By setting the federal funds rate, the Federal Reserve can influence borrowing costs, which in turn affects spending and investment. This adjustment of the interest rate over the past decade helped the economy recover from the financial crisis of 2008, leading to a period of growth and low inflation. This strategy was successful in that it helped to stabilize the economy and keep inflation in check.

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Related Questions

Chris operates the Devil's Brew chain of coffee stands. "Devil's Brew" is a a. certification mark. b. trade name. c. service mark. d. collective mark.

Answers

Answer:

b. trade name.

Explanation:

SOLVE THE GRAPH AND THE SUPPLY OR SHORTAGE AND THE PRESSURE OF PRICE ​

SOLVE THE GRAPH AND THE SUPPLY OR SHORTAGE AND THE PRESSURE OF PRICE

Answers

Answer:

probably cant figure it out

Explanation:

Agilent Corporation purchases components from three suppliers. Components purchased from supplier 1 are priced at $5 per unit and used at the rate of 220,000 units per year. Components purchased from supplier 2 are priced at $4 each and are used at the rate of 36,000 units per year and components purchased from supplier 3 are priced at $3 per unit and are used at the rate of 27,000 units per year. Agilent incurs a unit holding cost of 20% of the unit price per year. Currently Agilent orders separately from each supplier. The trucking company charges a fixed cost of $400 for the truck and a product specific cost of $50 for each stop. Evaluate the options of separate ordering and joint ordering for Agilent and suggest an optimal replenishment strategy

Answers

The optimal replenishment strategy for Agilent is to order jointly, as it results in lower total costs compared to ordering separately. The optimal order quantity should be determined by minimizing the total cost of inventory, which includes purchase costs and ordering costs.

The different costs associated with replenishing inventories of the various components and the different options of separate ordering and joint ordering are as follows:Separate OrderingTotal purchase cost for supplier 1 = 5 × 220,000 = $1,100,000Total purchase cost for supplier 2 = 4 × 36,000 = $144,000Total purchase cost for supplier 3 = 3 × 27,000 = $81,000Total cost of all inventories = $1,325,000Total ordering cost for supplier 1 = (220,000 / Q1) × $50Total ordering cost for supplier 2 = (36,000 / Q2) × $50Total ordering cost for supplier 3 = (27,000 / Q3) × $50Total ordering cost for all suppliers = $5,640Joint OrderingTotal purchase cost for supplier 1 = 5 × 220,000 = $1,100,000Total purchase cost for supplier 2 = 4 × 36,000 = $144,000Total purchase cost for supplier 3 = 3 × 27,000 = $81,000Total cost of all inventories = $1,325,000Total ordering cost for all suppliers = (220,000 + 36,000 + 27,000) / Q × $50 = 293,000 / Q × $50The optimal replenishment strategy for Agilent should be to order jointly, since the total cost of ordering jointly is less than the total cost of ordering separately. Therefore, they can minimize the total cost of inventory by ordering jointly. The optimal order quantity should be calculated by minimizing the total cost of inventory, where the total cost of inventory is the sum of the total purchase cost and the total ordering cost.

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Which type of document typically includes contract contingencies?
Purchase and sale agreement.
O Assignment of contract.
Appraisal.
O Option contract.

Which type of document typically includes contract contingencies?Purchase and sale agreement.O Assignment

Answers

Answer:

A.

Explanation:

What types of information does a W-2 form contain? Check all that apply

Answers

Answer:

Normally "check all that apply" is followed by answers to check...

Explanation:

A W-2 is a Tax statement

Cosmetic manufacturers that sell shampoo and conditioner together as one package at a lower price rather than selling each item separately are usingA. price lining.B. slotting allowances.C. cumulative quantity discounts.D. loss leaders.E. price bundling.

Answers

Cosmetic manufacturers that sell shampoo and conditioner together as one package at a lower price rather than selling each item separately are using price bundling. Option E.

What is price bundling?

Bundle pricing is a business approach where businesses combine multiple products into one package and offer it for one price rather than assigning separate prices to each product.

The practice of selling multiple distinct products or services as a single unit at a discounted rate compared to doing it separately is known as product bundling. Value dinners at restaurants, beach kits, or shampoo and conditioner sets are typical examples of product bundles.

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when employees suggest changes in a positive way and make innovative suggestions for change, they are exhibiting:

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when employees suggest changes in a positive way and make innovative suggestions for change, voice behavior is exhibited:

Voice conduct refers back to the behavior that proactively situations the status quo and makes constructive modifications. preceding studies have explored the antecedents of personnel' voice conduct, however to whom employees are probably to voice their thoughts has remained not often tested.

voice conduct is difficult and transformative in nature, therefore, voice conduct is regularly accompanied by struggle or hazard, which made employees more careful approximately voice. therefore, employees frequently select to “know but keep silent,” and generally tend to accurately guard themselves. The phenomena are in particular obvious in China’s enterprise, in which concord is valued and with higher electricity distance.

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why are the characteristics of risk taking, resilience, and intrinsic motivation more important for entreprenuers than other businesspeople?

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The entrepreneur lives described as someone who controls the capability and desire to establish, administer and advance in a startup venture along with the risk entitled to it, to create profits. The best example of entrepreneurship exists in the starting of a new business venture.

Who is an Entrepreneur?

An entrepreneur exists as an individual who bears the risk to start their own business founded on an idea they maintain or a product they have made while assuming most of the risks and reaping most of the bonuses of the business.

Risk-taking enables and promotes innovation, which can be an essential product/service differentiator. Failed risks aren't permanently negative. Sometimes, they furnish the most valuable business lessons an entrepreneur can understand. Failure allows to shape future business approaches and can eventually lead to business growth.

The challenge entrepreneurs face exists not only in having these characteristics but remaining open-minded and optimistic when periods obtain tough in business. This is why resilience exists so necessary. “Resilience is a skill set that helps you navigate negative experiences,” Josephine explains.

Intrinsic motivation exists described as the doing of an activity for its inherent satisfaction rather than for some detachable consequence. When intrinsically motivated, an individual is driven to act for the fun or challenge entailed rather than because of external products, pressures, or rewards.

Being able to create decisions quickly exists an essential characteristic for entrepreneurs because it can be the contrast between success and failure. Entrepreneurs are not only required to have good decision-making skills but also must include the capacity to make those judgments quickly in order to avoid missing opportunities.

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How can reviewing your personality assessments, values, and other personal information help you create an academic or career plan?
A. it helps make the goal setting more fun
B. to help you avoid boring milestones
C. to help you align your career choices and goals with your interests and needs
D. it helps you make your academic and career plans more performance-based

Answers

Reviewing your personality ratings, values, and other personal information can help you build an academic (college) or career plan by:

Helping you align your career choices and goals with your interests and needs (Option C)

What is a Plan?

A plan is a program or method prepared in advance, a project or goal, or a blueprint or design for something. Planning means thinking about how to achieve your goals. An orderly or progressive design or proposal to achieve a goal.

it can also mean a series of decisions about how to do something in the future; think and decide what to do or how to do something:

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Suppose the population in a town increases and a breakthrough in technology occurs also. what would we expect to happen in the market?

Answers

If the population in a town increases and a breakthrough in technology occurs also the market demand increases and deliver cost decreases.

The demand for a great increases and, on the equal time, deliver of the coolest decreases.Equilibrium charge might lower, but the effect on equilibrium quantity might be ambiguous.

Metal is an enter for the production of cars, population so a fall within the fee of metal reasons the supply curve for vehicles to shift proper. because the call for curve remains the same, equilibrium fee decreases and equilibrium amount will increase.The charge of a product to fall in the destiny purpose demand to decrease and shift to the left.

If a population expects the price of an awesome to head down within the future, they preserve off buying it these days, so the demand for that right today decreases. on the other hand, if a customer expects the price to head up within the destiny, the demand for the best these days will increase.

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the relationship between use cases and data flow diagrams is:

Answers

The relationship between use cases and data flow diagrams (DFDs) is complementary and interconnected.

Use cases provide a high-level description of how actors interact with a system to achieve specific goals or tasks. They focus on the functional requirements and capture the interactions between actors and the system.On the other hand, DFDs represent the flow of data within a system, illustrating how inputs and outputs are processed and transformed. DFDs focus on the data perspective and provide a visual representation of the system's data flows, processes, data stores, and external entities.

Use cases can serve as a valuable input when creating DFDs, as they provide insights into the system's functionality and help identify the data flows that occur during use case interactions. DFDs, in turn, provide a detailed depiction of how data moves through the system, supporting the analysis and validation of use cases.

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PLEASE HELP, I WILL MARK BRAINLIEST!!! define/describe the following terms. note what the advantages and disadvantages of each are (from a worker's perspective). here are the following terms: contracting, consulting, entrepreneurship

please no links, this is due tommorow!!!​

Answers

The advantages of entrepreneurship include the ability to shape one's own business, control of one's own working habits, and significant stock in the venture. Disadvantages include a lack of guarantee of success and the heightened responsibility of owning a business. Higher take-home pay.
Tax relief on business expenses.
Greater opportunity for tax planning.
Total control of your business and name.
One company for all your business interests.
Limited liability and protection of personal assets.

explain the effect of a lack of shortage of entrepreneurs in the economy ​

Answers

Explanation:

Lack of entrepreneurs will lead to lower jobs, innovative products and a decline in economy. By developing new technology, goods, and services, entrepreneurs help to fuel the economic growth.

What do you think are some of the reasons that employers want candidates who have both the specific training in a field but also the breadth of a general education?.

Answers

Employers think that a liberal education or general education more than a specific job provides information and skills that are crucial for career success.

Employers typically regard a college degree and are confident in higher education. Additionally, companies claim that college graduates are better at articulating their value proposition.

Employers assert that personal abilities and mindsets also have an impact on career performance. Long-term performance depends on both the breadth and depth of learning. Candidates for jobs have a distinct advantage in the recruiting process if they complete active and practical learning activities while in college.

Employers value both breadth and depth of learning, which is evident in their desire for employees to develop independent thought, flexibility and adaptability, technical proficiency, and a broad range of skills.

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Question 2 (1 point)
Kelsi works in a toy manufacturing company assembling small dolls. Her job falls into
the Maintenance, Installation & Repair pathway of the Manufacturing career cluster.

1:) True

2:) False

Answers

True




I guess don’t be mad if I’m wrong

Adam needs to generate ideas to find a solution to his problem. He has decided to ask the same question to each of his department heads. Each department head needs to write down as many answers as possible. He then goes over the answers and takes some time to discuss the ideas without criticism. He then puts the ideas up to a vote. Adam has used which type of team decision approach?
a. Rational decision-making technique
b. Delphi technique
c. Nominal group technique
d. Problem-solving technique

Answers

Adam has used the Nominal Group Technique as his team decision approach. The correct option is c. Nominal group technique.

The Nominal Group Technique (NGT) is a group approach that involves generating ideas through individual contributions and selecting the most appropriate from the ideas generated by the group, the concept of the nominal group technique was proposed by Delbecq and VandeVen in 1971.

It is a structured process that involves several stages, including idea generation, clarification, evaluation, and voting. The technique is particularly useful for generating a large number of ideas quickly and efficiently, and for encouraging the participation of all group members. Adam used this technique as it suits his approach of asking his department heads to write down their ideas, discussing them without criticism and then putting the ideas up to a vote.

In this way, he can generate a pool of ideas and pick the best one(s). Therefore, the correct option is c. Nominal group technique.

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Imagine that there are currently three major cell phone service providers available in the united states. the largest one has enough money to buy out the other two companies and make one giant company. what is most likely to happen if the largest company attempts to buy out the other two companies? a. the government will approve this monopoly. b. customers will have more choice in their service provider. c. the new, large company can control all prices and services provided. d. osha will step in and make sure that this merger is not approved.

Answers

Analyzing the scenario, the new and the large company can control all prices and services provided, generating a monopoly situation.

What is monopoly?

It is a market situation where a company controls the market, being the entity responsible for establishing the price for a good or service, characterizing a situation of imperfect competition.

Therefore, in the monopoly market, consumers are harmed because they do not have the right to choose which products or services they want to consume, in addition to the fact that the price charged may be higher in a situation of perfect competition.

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A perfectly price-discriminating monopolist is able to.

Answers

Answer:

charge each consumer the maximum amount they are willing to pay

In business correspondence that includes procedures and directions, ______ the steps to differentiate them from each other.

Answers

Answer:

number

Explanation:

When creating a list you number the steps to tell each different procedure and direction apart. That works the same way here. It is step-by-step instructions which is why you are numbering them by step.

What are the characteristics of firms with higher entrepreneurial intensity? how can they be achieved?

Answers

Proactive inventors and are not averse to taking calculated risks.

They look for ways to cut bureaucracy

Bureaucracy is a phrase used to describe a sophisticated organisation with nested rules and procedures. Decision-making is slowed down by the systems and procedures that have been successfully implemented. They are made to keep the organisation under control and uniform. Governments and major organisations, including corporations, frequently adopt bureaucratic procedures. In order to administer the organization's laws and regulations, a bureaucracy is essential. It is easy to criticise bureaucratic procedures because they are rife with duplication, arbitrary decisions, and inefficiency. Frequently, negative connotations are attached to words like "bureaucrat," "bureaucratic," and "bureaucracy." For instance, using the phrase bureaucratic means that processes are prioritised over effectiveness whereas using the term bureaucrat denotes that someone is a government employee.

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does bank accounts last forever?

Answers

Answer:no they don’t

Explanation:

they will become dormant after 24 months

What are the disadvantages of economic progress?

Answers

The impact of inflation is the main drawback of economic expansion. Aggregate demand will rise as the economy expands. There will be an excess of demand but a lack of supply in the economy if overall demand rises more quickly than overall supply does.

The social science of economics deals with the creation, exchange, and consumption of products and services. Economics is the study of how economies work as well as the behavior and interactions of economic actors. The study of microeconomics focuses on what are thought to be the fundamental components of the economy, such as the interactions that result from market and agent activity. Individual agents can represent a variety of clients, including homes, companies, buyers, and sellers. The study of the economy as a coexisting system of production, consumption, saving, and investment is known as macroeconomics. Additionally, it looks at the elements that have an impact on this system, including the use of labor, capital, and natural resources, currency inflation, economic expansion, and public policies that have an impact on these elements.

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The total cost of an item including sales tax is directly proportional to its price. If the total cost of a item is , what is the total cost on a item?.

Answers

The cost of a product, including sales tax, is directly inversely proportional to its price. If an item has a cost, what is the total cost of the thing? Total cost is $61.8.

What's an illustration of proportion?

If the ratio is constant, a relationship is said to be proportionate. For instance, the ratio of proportionality is the average number of apples per tree, and the quantity of branches in an orchard affects the yield of a crop.

Since we are aware that an item's price is precisely proportionate to its total cost (including sales tax), we may express this as follows:

Total cost ∝ price

To change this proportionality into an equality, we need a constant so it will be:

Total cost = k * price

Finding k when total cost is $25.75 and price is $25:

25.75 = k * 25

k = 1.03

Finding the total cost when price $60:

Total cost = 1.03 * 60

Total cost = $61.8

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Definition: The annual interest rate paid by a bond. It does not reflect the interest rate paid over the life
of the bond

Answers

Answer:

the answer is: Current yield

Three types of lobbying?​

Answers

Yes they are u didn’t know
Yes there are you didn’t know that?

Teen entrepreneurs in Florida find sweet
success in honey business

Why did the author MOST LIKELY conclude the article by describing future possibilities for Black Bee Honey?
because this demonstrates the danger of food deserts and the need for more honey access
because this shows how giving students ownership can help them develop new skills and goals
because this emphasizes the importance of ensuring that student businesses are successful
because this helps the reader understand how Black Bee Honey contributes to the community

Answers

The author most likely conclude the article by describing future possibilities for Black Bee Honey because this emphasizes the importance of ensuring that student businesses are successful.

What is an article?

An article is a piece of writing about a particular subject that is included in a magazine, newspaper, etc. It is a nonfictional prose composition usually forming an independent part of a publication.

Teen entrepreneurs in Florida find sweet success in honey business. This statement emphasizes the importance of ensuring that student businesses are successful.

Therefore, the statement mentioned in C is correct.

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Which statement best illustrates the law of diminishing returns?
A. The average total cost of the last unit of output produced is less than the average total cost of the preceding unit of output
B. The marginal product of the last unit of a resource used is less than the marginal product of the preceding unit of resource
C. The average product of the last unit of a resource used is less than the average product of the preceding unit of resource
D. The marginal cost of the last unit of output produced is less than the marginal cost of the preceding unit of output

Answers

The statement that best illustrates the law of diminishing returns is "The average product of the last unit of a resource used is less than the average product of the preceding unit of resource." The correct option c).

The law of diminishing returns is an economic concept that states that as additional units of a variable input (such as labor or capital) are added to a fixed amount of other inputs, the marginal product of that variable input will eventually decrease. In simpler terms, it means that the productivity or output gained from each additional unit of input will diminish over time.

Option C reflects this concept by referring to the average product, which is the total output divided by the quantity of input used. When the average product of the last unit of a resource used is less than the average product of the preceding unit, it indicates that the productivity or output gained from that additional unit is diminishing.

This decrease in average product signifies that the efficiency or effectiveness of the input is declining as more of it is employed. Hence option c) is the answer.

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List and explain ten factors to consider in preparing family income​

Answers

Answer:

1. Availability of Money:

The expenditure of a family depends upon the availability of money or total income of the family. It can afford to spend under various needs. In lower income group, families expenditure is more on food. Higher income group families spend more on recreation, education and luxuries etc.

2. The size and the composition of the family:

Expenditure depends upon the size and composition of the family. The size of the family means the number of adults and children. The more the mouths to eat the expenditure is more on food, clothing and shelter. With the growth of children, more will be spent on education and clothing. More will be spent towards transportation when the members go out of the house for work or study.

Composition of the family means the number of adults and children in the family. It also includes the number of males, females and old persons. For old persons, extra expenditure will be incurred towards health and medical expenses.

3. Stages of family life cycle:

Family life cycle plays an important role in spending money. At the beginning stage, most part of the family income is spent towards the establishment expenditure as a newly married couple starts their family life. In the expanding stage families need money for the children, their food, dress, education etc. Some families in the expanding stage spend more on purchasing durable household goods, furniture etc. In the contracting stage major expenditure is on wedding celebration of their children. During this stage, the family income is gradually reduced. So the expenditure should be cut short.

4. Occupation of the family members:

Sometimes expenditure of the family depends upon the occupation of the family members. In certain jobs, there are special benefits like free quarters, educational facilities for children, health and medical allowance, travelling allowance etc.

5. The needs and objectives of the family:

Expenditure will be done according to the needs and objectives of the family. For example, a family where young children are there, more will be spent for nutritious foods. Old people require health and medical expenses. Working women spend money for the servants as they do not find time to do the household work.

6. Resources:

Both human and material resources can make significant changes in the pattern of expenditure of a family. The abilities, skill, knowledge, interest, attitude and habits of the members of the family can be utilized for various purposes as supplementary income.

7. Locality of the family:

In rural areas more will be spent on food. But in urban areas the expenditure is more on education, recreation, transportation, accommodation etc.

8. Socio-economic status of the family:

The socio-economic status of the family is determined by its income, education level and occupation of the members. The higher the socio-economic status the expenditure will be more on interior decoration, higher education, club membership, accommodation, recreation etc. The total expenditure depends on the standard of living the family maintains.

9. Social and religious traditions:

Some families accept old and traditional values. So they spend more on marriages and religious festival.

10. Personal choice:

Expenditure depends upon the personal choice. For example, one person may have a liking for expensive perfumes and jewellery while another may have simple tastes. Expenditure is also affected by the measures taken in the family to make provision for the future like house building, higher education of children etc. The home-maker will be able to manage with her income by cutting out unnecessary and extravagant expenditure. “One must cut one’s coat according to his cloth.”

This saying is rightly proved in home management. Balancing of income and expenditure is the best way of money management. Whatever the income may be, the efficient management of money is a requisite for a happy, successful and peaceful family life.

On January 1,2020, Blue Inc had cash and common stock of $62,340. At that date the compary had no other asset, liability, or equity balances. On January 2.2020, it purchased for cash $22.990 of debt securities that it classified as available-for-sale. It received interest of $4.480 during the year on these securities. in addition it has an unrealized holding gain on these securities of $5.100 net of tax Determine the following amounts for 2020 : (a) net income, (b) comprehensive income, (c) other comprehensive income, and (d) accumulated other comprehensive income (end of 2020 ). (a) Netincome $ (b) Comprehenslve income 5 (c) Other comprehensive income: (d) Accumulated other comprehensive income

Answers

(a) Net income $ -620 (b) Comprehensive income $ 4,480 (c) Other comprehensive income: $5,100 (d) Accumulated other comprehensive income $ 5,100

(a) Net income for 2020:In order to determine the net income of Blue Inc for 2020, we need to determine the amount of interest revenue from the available-for-sale securities, which is $4,480.

Then we need to subtract the unrealized holding gain on the securities, which is $5,100 net of tax.

Therefore, the net income for 2020 is a loss of $620. Net income = Interest revenue - Unrealized holding gain on securitiesNet income = $4,480 - $5,100

Net income = -$620

(b) Comprehensive income for 2020:To determine comprehensive income for 2020, we need to add net income and other comprehensive income. We have already determined the net income to be -$620. The other comprehensive income is the unrealized holding gain on the securities of $5,100 net of tax.

Therefore, the comprehensive income for 2020 is $4,480.

Comprehensive income = Net income + Other comprehensive income

Comprehensive income = -$620 + $5,100Comprehensive income = $4,480

(c) Other comprehensive income for 2020:We have already determined that the other comprehensive income for 2020 is the unrealized holding gain on the securities of $5,100 net of tax.

Therefore, the other comprehensive income for 2020 is $5,100.

(d) Accumulated other comprehensive income at the end of 2020:

Since Blue Inc had no other asset, liability, or equity balances besides cash and common stock at the beginning of the year, the accumulated other comprehensive income at the end of the year is the same as the other comprehensive income for the year.

Therefore, the accumulated other comprehensive income at the end of 2020 is $5,100.

(a) Net income $ -620 (b) Comprehensive income $ 4,480 (c) Other comprehensive income: $5,100 (d) Accumulated other comprehensive income $ 5,100

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Describe the benefit of using and not using credit. Compare the following scenario and tell why it would be better to use credit in one and why it would be better to not use credit in the other. You should have 5 paragraphs, One for each scenario below.

Christmas shopping on a credit card vs cash or not shopping at all

Student loan vs paying for school cash or not going to college

Buying a house on credit/mortgage or cash vs renting

Putting a vacation on credit card or personal loan

Buying a car.on credit or cash or not owning a car

Answers

Answer:

1) So christmas shopping should be optional and most of the things in christmas shopping has no benefits for you, it can’t feed you, it can’t pay your rent, its only for your own entertainment so you shouldn’t use credit. If you use credit on useless things that you may end up not using at all, you could fall in debt. If your gonna go christmas shopping, try to not use credit, if your gonna use credit you have to consider if your gonna be able to pay this back or not. Using cash would be the best way becuase you have a limited amount of cash and you would be more careful spending it. With credit, you would be less considerate due to you having a lot of money all at once and some people fail to consider that they would have to pay back the cash they spent on the credit card. So not shopping at all should put you in the safe.

2) A student loan is usually alot. You should use credit becuase sometimes you don’t have the cash right away. If you graduate college with a degree, you cold get a job in the area you got a degree from. If successful and your careful about your spending, you should be able to pay back your student loan. Going to college and using credit is definitely the better answer here since a lot of jobs that can make you a living and could be used to pay back the student loan require a college degree. If you don;t go to college, sure you don’t have to pay back anything but you would be stuck with a very low income job and sometimes you would be barley making a living. The chances of a better job decreases if you don’t go to college since most jobs are looking for a special degree or at least a college degree.

3) Renting would be the best choice using cash. If your gonna get a house, you have to consider your income. If your income is low, a house is not a old choice. If a house is more expensive, a mortgage would be better since the interest is a one way (most of the time) but a credit has monthly intresest so the interest totaled up on an expensive house would be a lot. On a cheaper house its vice versa. If you have a low income job just rent with cash, renting would be best. Your most likely gonna live in a house forever but if you have to move somewhere, you’d have to sell it and do a bunch of confusing stuff and maybe get in even more debt, if you rent, you can move easily if you have to move somewhere closre to your work.

4) Vacation should be put on a personal loan. If your gonna go on vacation, don’t use credit. A vacation isn’t mandatory, you can go whenever you want. Juse becuase your friends are going to Hawaii, you don’t have to. If you have enough money, sure go for it, but you have to consider what you will do there and how big of a toll this could have your personal savings account. Like for example, lets say a plane ticket cost about 600 dollars. A hotel for a week stay would be about 100 dollars per night and that would be 700 dollars. Lets set aside 200 for entertainment and food. You would be rounding up to 1500 dollars just for a week in Hawaii and that’s just estimated (and probably the least amount).

5) Now for a car it really depends on what your job is and how far your job is. The best option I think would be buying a car with cash (if you have), credit (if you think you can pay it back). So if your job is like 10 miles away, a car would be the best since the subway or busses would take a long time and sometimes could not be consistent. A car would be faster and more reliable. If your job starts at 8am and using public transportation, it takes about an hour to get there. You leave at 7 am and the bus or train arrives 30 minutes late, your late for work and if it happens mulitple times, you could get fired. WIth a car its almost a 100 percent garuntee you wouldn’t be late and it’s faster. You’d keep your job and be able to pay off your Car if credit or just gain your money back if you used cash. If your job is next door, a car is useless but a car offers transportation. If you use like public transportation to go somewhere fun, it is cheap, bit with a car, you’d have to worry about gas prices and you’d have to pay a lot of attention. So it really depends on location.

Other Questions
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