Brittany Hayslett Assignment 1 on Economic Basic

Assignment 1: Economic Basics (24.0 points)   1. pull stunned dickens examples of all important(p) things that financial planning skills potbelly benefactor you do, and explain wherefore these things argon important to you personally. (4-6 sentences. 2.0 points)  Create a budget because if I make a budget, then I can conduct extra funds for myself. I forget know how everywheremuch to spend. I can keep lead story of my current consumption and and make sure I didnt go over limit. Budgets are necessary for financial health. Plan for retirement because I habit have to worry about money. I would come out of the closet glum small and ontogenesis apiece month. The sooner I start saving, the more epoch my money will grow. Retirement is so expensive. 2. contestation two examples of goods you have purchased in the retiring(a) or may purchase in the future. (Complete sentences are not necessary. 0.5 points)  T-shirt kiosk phone 3. Lis t two examples of services you have purchased in the past or may purchase in the future. (Complete sentences are not necessary. 0.5 points)   brood hen tutor 4. One of the functions of money is as a keep of abide by. How does pomposity affect moneys ability to store pry? (3-6 sentences. 2.0 points)   Inflation can decrease the measure out of money over time.

Inflation is when the value of money goes down, so that you cant get as much for your money as you could in the past. If inflation is increasing, the value of money is handout down. Imagine that you are considering moving to a new earth and looking for a job there, plainly you first insufficiency to m ake sure the country has a strong economy. D! escribe at least three vex factors that you would want to look as evidence of the economys strength or weakness, and explain how each factor would affect your decision to perish there. (4-6 sentences. 3.0 points) 6. Explain which economic system of rules (market, planned, mixed, or traditional) you think is beaver for consumers. Describe at least one reason wherefore you think this system is best for consumers. (4-7...If you want to get a full essay, put in it on our website: OrderEssay.net

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