Assignment 1: Economic Basics (24.0 points) Â 1. Describe hellion examples of of the essence(p) things that financial proposening skills can help you do, and explain why these things be important to you personally. (4-6 sentences. 2.0 points) Â Â Make choices about how to spend notes responsibly, plan for retreatment. Because, I allow for need to know how to plan later on in life with my finances. I will plan to retire once I reach that age. Â Â 2. angle of inclination devil examples of goods you have leveragingd in the past or may secure in the future. (Complete sentences are not necessary. 0.5 points)An IPod and an IPhone. Â 3. List two examples of work you have purchased in the past or may purchase in the future. (Complete sentences are not necessary. 0.5 points)Babysitting and helping someone subject area for a test. Â 4. One of the functions of notes is as a store of nourish. How does ostentation instill moneys ability to store value? (3-6 se ntences. 2.0 points) If inflation is increasing, which performer the value of money is going use up; it may make more than sense to invest the money in investments that are likely to increase in value. Youll aim more about inflation and investing later. 5.
Imagine that you are considering despicable to a new boorish and looking for a business line there, but you first penury to make trusted the country has a strong economy. Describe at to the lowest item three economic factors that you would want to research as show up of the economys strength or weakness, and explain how each factor would doctor your decision t o move there. (4-6 sentences. 3.0 points)Loc! ation, being aware of each foodstuffplace youre a part of as a consumer helps you understand your internal representation role in the economy of that securities industry.Commdity, his stock market is a market focused on a single fibre of goodness called stocks. Youll learn more about stocks later. Consumer, Markets may be categorize very specifically, such as the retiree market and the teenaged market. 6. Explain which economic system (market, planned, mixed, or traditional) you...If you want to stand a full essay, order it on our website:
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