"Is it rational for a person to not increase a savings rate over time that was initially set too low? Why do people yield to this irrational behavior?"

Answers

Answer 1

Answer is given below:

Explanation:

The economy is very dynamic in nature. There will be a significant change in the time value of money over a period of time. An individual should formulate a savings rate over the years based on his income, his family status and social norms. It is unreasonable to keep the savings rate low as it can have a negative impact in times of emergency.Socio-economic changes and lack of knowledge on the value of afternoon time make people vulnerable to this irrational behavior. They are eager to live and lead life to maximum luxuries. People are very ignorant about future demand or need for savings

Related Questions

A person's job, social group, and marriage are determined by their

Answers

I think the answer is Probably age?

Answer:

Explanation:

USE UR BRAIN I NEED POINTS

situation of world population​

Answers

Answer:

World population

Not to be confused with Demographics of the world.

In demographics, the world population is the total number of humans currently living, and was estimated to have reached 7,800,000,000 people as of March 2020.[2][3] It took over 2 million years of human prehistory and history for the world's population to reach 1 billion,[4] and only 200 years more to reach 7 billion.[5]

World human population estimates from 1800 to 2100, with estimated range of future population after 2020 based on "high" and "low" scenarios. Data from the United Nations projections in 2019.

Population growth graph[1]

The world population has experienced continuous growth following the Great Famine of 1315–1317 and the end of the Black Death in 1350, when it was near 370 million.[6] The highest global population growth rates, with increases of over 1.8% per year, occurred between 1955 and 1975 – peaking at 2.1% between 1965 and 1970.[7] The growth rate declined to 1.2% between 2010 and 2015 and is projected to decline further in the course of the 21st century.[7]

The global population is still increasing, but there is significant uncertainty about its long-term trajectory due to changing rates of fertility and mortality.[8] The UN Department of Economics and Social Affairs projects between 9-10 billion people by 2050, and gives an 80% confidence interval of 10-12 billion by the end of the 21st century.[9]

Total annual births were highest in the late 1980s at about 139 million,[10] and as of 2011 were expected to remain essentially constant at a level of 135 million,[11] while deaths numbered 56 million per year and were expected to increase to 80 million per year by 2040.[12] The median age of the world's population was estimated to be 30.4 years in 2018.[13]

Egypt farmer are known as ______________​

Answers

Answer:

The civilization of ancient Egypt was indebted to the Nile River and its dependable seasonal flooding. Their farming practices allowed them to grow staple food crops, especially grains such as wheat and barley, and industrial crops, such as flax and papyrus. ... They excelled in horticulture

Explanation:

pls i need brainlist

Read the sentence.
At 8 o'clock last Saturday morning Emilio began a new job working for the Day 'N' Night Pharmacy
Which word in the sentence should have a comma after it?

O 1. clock
O 2. Saturday
3. morning
04 working

Answers

The answer would definitely be 3, morning.

Is god real? Like really I don’t get why we live for a book called the Bible

Answers

Answer:

yes God is real.............

Justinian ordered reform of the ___ code

Answers

Answer:

"Law" is the right answer.

Explanation:

The framework including its Justinian compendium of principles as well as regulations forecasts demands underneath the patronage including its Byzantine imperial family Justinian first from 529 either to 565 ce. Technically accurate, this same implementation didn't represent an emerging law framework.

describe the difference between relative poverty absolute poverty and subjective poverty.

Answers

Answer:

relatve poverty is just being poor. AND ABSOULTE poverty is being poor too.

Explanation:

Which of the following BEST describes the “ rule of four “?

Answers

Answer:

the rule of four is when the supreme court of the united states practice that permits four of the nine justices to grant a writ of certiorari. this is done specifically to prevent a majority of the court from controlling the court's docket.

differentiate between water mill and seller mill​

Answers

Answer:

natural and modern

Explanation:

A water mill usually had natural stone as the millstone while the modern flour milling uses Emery stones

Which present-day country occupies much of ancient Mesopotamia?

Israel

Saudi Arabia

Iraq

Yemen

Answers

the answer is Iraq. . . . . .

Why did the Europeans establish colonies in Africa?

Answers

Answer:

Many European countries expanded their empires by aggressively establishing colonies in Africa so that they could exploit and export Africa's resources. Raw materials like rubber, timber, diamonds, and gold were found in Africa. Europeans also wanted to protect trade routes.

During this time, many European countries expanded their empires by aggressively establishing colonies in Africa so that they could exploit and export Africa's resources. Raw materials like rubber, timber, diamonds, and gold were found in Africa. Europeans also wanted to protect trade routes.

Which were the most common Europeans to immigrate to the United States?

Answers

Answer:

In 2016, Eastern European immigrants accounted for the largest share of all Europeans in the United States, at 44 percent (see Table 1). Northern and Western Europeans made up about 20 percent each. The top five origin countries were the United Kingdom, Germany, Poland, Russia, and Ukraine


What was the power behind Jim Crow?

Answers

Answer: “I can ride in first-class cars on the railroads and in the streets,” wrote journalist T. McCants Stewart. “I can stop in and drink a glass of soda and be more politely waited upon than in some parts of New England.” Perhaps Stewart’s comments don’t seem newsworthy. Consider that he was reporting from South Carolina in 1885 and he was black

Explanation:

Why are the three types of rocks related to each other through a cycle?


A) There are more than three types of rocks, so a triangle wouldn't work.


B) Rocks will spin when they change from one type to another.


C) Any type of rock can become any other type of rock.


D) Rocks tend to be shaped like circles.

Answers

Answer:

I feel like the best answer choice is D

who is our president right now???

Answers

Answer:

Joe Biden

Explanation:

Answer:

Joe Biden is our president

What is the greatest public service responsibility expected from all citizens

Answers

Answer:

poop

Explanation:

i love pooping

What grade are you guys in because I need help with my social studies assignment and ela assignment

Answers

Answer:

I'm in 6th grade, but it depends on what the question is.

Explanation:

I am in 7th grade,
I might be able to help.

What is the awnser

A
B
C
D

Answers

Answer:

In think the answer is B

Explanation:

Please mark me.as brainlist

Senator Milton votes according to what he believes is in the best interest of his
constituents. What model of representation is he adopting?
Delegate model
Trustee model
O politico model
All of the above

Answers

Answer:

Trustee model

Explanation:

How did the Ottoman Empire follow the Byzantine Empire?

Answers

Answer:

By the mid-15th century, constant struggles for dominance with its Balkan neighbours and Roman Catholic rivals had diminished Byzantine imperial holdings to Constantinople and the land immediately west of it. Furthermore, with Constantinople having suffered through several devastating sieges, the city’s population had dropped from roughly 400,000 in the 12th century to between 40,000 and 50,000 by the 1450s. Vast open fields constituted much of the land within the walls. Byzantine relations with the rest of Europe had soured over the last several centuries as well: the Schism of 1054 and the 13th-century Latin occupation of Constantinople entrenched a mutual hatred between the Orthodox Byzantines and Roman Catholic Europe. Nevertheless, just as deeply entrenched was the understanding that Byzantine control of Constantinople was a necessary bastion against Muslim control of land and sea in the eastern Mediterranean.

Explanation:

The dwindling Byzantine Empire came to an end when the Ottomans breached Constantinople's ancient land wall after besieging the city for 55 days. Mehmed surrounded Constantinople from land and sea while employing cannon to maintain a constant barrage of the city's formidable walls

about modern forecasts about fresh water, or its lack, what are the possible consequences that this means for human beings?

Answers

Freshwater is crucial for drinking, washing, growing food, producing energy and just about every other aspect of modern life. Yet more than 2 billion of Earth’s 7.6 billion inhabitants lack clean drinking water at home, available on demand.

A major United Nations report, released in June, shows that the world is not on track to meet a U.N. goal: to bring safe water and sanitation to everyone by 2030. And by 2050, half the world’s population may no longer have safe water.

Will people have enough water to live?

Two main factors are pushing the planet toward a thirstier future: population growth and climate change. For the first, the question is how to balance more people against the finite amount of water available.

What system of government is South Korea?

A.
Presidential democracy

B.
Parliamentary democracy

C.
Autocracy

Answers

It’s B I just took the quiz and got it right

foreign employment is blessing in disguise​

Answers

Answer:

i guess you learn something new everyday

Explanation:

39. At the end of a sunny day, Cindy turns on an electric fan to cool off her room. When she turns off the fan a little later, she notices that the area around the motor is
warmer than it was when she turned on the fan. What is the most likely explanation for this?
Electrical energy was transformed into heat and energy of motion.
O Solar energy was transformed into heat and energy of motion.
O Solar energy was transformed into electrical energy and heat.
Electrical energy was transformed into sound and light.

Answers

Answer:

B

Explanation:

Crossing borders immigrants and intercultural adaptations

Answers

Answer:

What's the question?

Explanation:

what is an equality impact assessment​

Answers

Answer:

An equality impact assessment is a process designed to ensure that a policy, project or scheme does not unlawfully discriminate against any protected characteristic.

Explanation:

Impact assessment focuses on the effects of the intervention, whereas evaluation is likely to cover a wider range of issues such as the appropriateness of the intervention design etc.

Hope this helps:)

Please can someone help me...

Answers

Answer: first one b sevens one c third one b

Explanation:

How did ancient Egyptians prepare jewelry I need answer ASAP

Answers

Answer:Everyone wore jewellery in ancient Egypt, from poor farmers to wealthy royals. For the wealthy, pieces were made from semi-precious stones, precious metals and glass beads. The poor substituted these with painted clay, stones, shells, animal teeth and bones.

Ok the ancient Egyptians made many different types of jewellery. Craftsmen created necklaces, bracelets, collars, earrings and more from gold, stones and glass. ... For instance to make a necklace, one person would make the beads, another would drill the holes in the beads, and a third would thread them onto papyrus string.    Hope this helps have a great night ❤️❤️❤️

Explanation:

Whould yoy rather receive an object (like an item of clothing or an electronic device) or an experience(like tickets to a concert or a sports game) as a gift? Why?

Answers

Answer:

An object

Explanation:

You will have that forever as long as you take care if it of course

Answer:

i would rather go to a concert because the memory of going to a concert lasts forever materialistic things dont....

Explanation:

inion, what was Roosevelt's most effective New Deal program?

Answers

Answer:

railrodas

Explanation:

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What is the elevation at the peak of sugar Loaf mountain Help meee 10 + (2 x 3)2 4 (3 x 1/2)? You had a hard time in your last group discussion. You knew the topic ahead of time, but you got confused while others were talking. You could not express your viewpoint clearly.Choose the best option in each drop-down menu to show what you should do differently.To come to the discussion better prepared, you shouldTo respond to what others are saying, you should To adjust to a discussion that takes a direction you did not expect, you should NEED HELP ASAP WILL MARK BRAINLIESTIdentify the four terms of the Treaty of Guadalupe Hidalgo. (A) Mexico recognizes Texas as part of the United States. (B) British Columbia is given to Mexico. (C) Land is sold to the United States in the Mexican Cession. (D) American settlers move out of Texas. (E) The southern boundary of Texas is set at the Rio Grande. (F) English becomes the official language of Mexico. (G) The United States pays Mexico $18 million. Please write the vocabulary word on the line that best matches the definition. 1. _______________________ area of land nearly surrounded by water HELP!!! Identify the following sentence:Amy practices gymnastics every night after school.O Compound-ComplexO ComplexCompoundSimple What role do race and class play in gentrification? Nimer was driving to a hotel. He looked at his sat nav at 13:30 and saw the following distance to destination = 65miles nimer arrived at the hotel at 14:48 work out the average speed of the car in mph, from 13:30 to 14:48 it cost $245 for 10 people to attend a concert how muchdoes it cost for a group of 8 people 5-2(3 - x) = 4x + 10 will make as brainliest Brandon has a Nissan GTR. He drives 198.5 miles in 2.3 hours. What is his average speed? 13: 3 Simplify the left side of the eq 106. please help!!!!! 15 points!!!! Tatjana's vision for detail is declining. She once loved doing embroidery, but has switched to sculpting with clay, which is easier on her vision. This is anexample of selective________with compensationOptimization Which substance is the least toxic? a. chlorine (LD50 = 850 mg/kg) b. vitamin A (LD50 = 2000 mg/kg) c. cola (LD50 = 140 mg/kg) d. aspirin (LD50 = 200 mg/kg) show which statement was an argument for or an argument against going to war with Great Britain in 1812.The U.S. army and navy are too small to fight Great Britain.Great Britain has armed Native Americans on the western frontier.Invading Canada would give the United States more land for settlement.Great Britain can produce more military supplies than the United States.Better relations with Great Britain would help U.S. trade.please help 2. What is Proctor most likely trying to tell Abigail in the following dialogue fromAct of The Crucible?Proctor: Abby, I may think of you softly from time to time. But I will cut off myhand before I'll ever reach for you gain. Wipe it out of mind. We nevertouched, Abby.Abigail: Ave, but we did.Proctor: Aye, but we did not As their symbol in the election of 1840, the Whigs adopted thea. donkey.C. log cabin.b. elephant.d. bank. 17) If the restaurant is crowded, and a certain party walks in, claiming to beof importance and asking to be seated immediately, the server shouldA) immediately ask a manager to get the party seated.B)politely tell the party that they will have to wait untilit is their turn.politely inquire to see their credentials as a party ofsupposed "importance."D)apologize about the wait and ask if they can comeback later, after the rush is over.E)courteously inform the party that no one is truly"important."