How does a budget and saving increase your ability to purchase items you want or need over time?

Answers

Answer 1
Final answer:

A budget helps you track your income and expenses, and saving allows you to accumulate wealth over time. Together, they can increase your ability to purchase items that you want or need in the future. Understanding your time preference and the constraints of an intertemporal budget can also help in optimizing your saving behavior.

Explanation:

A budget is a financial plan that helps you track your income and expenses. Sticking to a budget allows you to control your money, rather than your money controlling you. By doing so, you ensure that you have enough money saved to meet your needs and wants.

Moreover, developing a habit of saving enables you to accumulate money over time. Saving is essential as it provides you with a financial cushion for unexpected expenses, allows you to make larger purchases, and contributes towards building your wealth in the long-term.

Interpersonal time preference plays a vital role in determining how much one saves. For instance, if you have a lower time preference, you are more likely to save more and consume less now in hope of a future reward, which helps in purchasing power. Understanding the intertemporal budget constraint may assist in optimizing your consumption and saving patterns.

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Related Questions

Suppose that the economy is suffering from a recession (or type of economic downturn). Businesses are closing, and people are losing their jobs. In 1 or 2 sentences, list two fiscal policy actions that could help the economy to recover faster.

Answers

One fiscal policy action is for the government to spend more money on public goods, such as building roads. [ Another fiscal policy action is for the government to lower taxes and put more money into the hands of individuals (to increase consumer spending). ]

In a situation of economic recession, where unemployment is rising and companies are closing, the government can use an expansionary fiscal policy to stimulate the economy. This can be done by increasing government spending and reducing taxes on productive activity. The government is a powerful consumer and as it increases its spending, it pours money into the economy and warms the market. In addition, by reducing taxes, the government encourages the productive sector to increase production and contract. Thus the economy can grow back into a virtuous cycle.

I love horses and want to be a veterinarian

Options- Intrinsic
- Extrinsic

Answers

It depends do you want to be a strictly equine vet or all around large animal vet?

Answer:

Intrinsic

Explanation:

Intrinsic motivation refers to behavior that is produced and controlled by internal gratification, so it is satisfying for oneself. As a result, the person who wishes to become a veterinarian has an intrinsic motivation, since he or she has expressed to be very fond of horses, which shows an internal emotion.

According to the Constitution, who is the commander-in-chief of the military? Congress the president the Supreme Court the secretary of defense According to the Constitution, the President is the commander-in-chief of the military.

Answers

The President of the United States is the commander-in-chief of the military

Answer:

The President

Explanation:

Section 2 of Article 2 of the US Constitution states the following:

"The President shall be commander in chief of the Army and Navy of the United States, and of the militia of the several states when called into the actual service of the United States (...)."

Although the Constitution gives Congress the power to declare war, it is the President the one that can command the U.S. Armed Forces when in wartime. As a Commander in chief of the U.S. Armed Forces, the president has the powers to command and control where military troops and ships should go, where they should be stationed, how they must be organized and what weapons they should use and when they must fight in wartime.

True or false: Republicans increased taxes and state debts in the south during reconstruction.

Answers

The answer to this is true

Why was it important for egyptians to develop a system of writing

Answers

To Keep Track Of Records and taxes

Jews were ordered to convert to christianity ir leave spain by

Answers

It was King Ferdinand and Isabella. 

__________ theory suggests that cmc offers a diminished sense of psychological closeness or immediacy because it removes most nonverbal cues.

Answers

Here is the correct answer that would best complete the given statement above. The SOCIAL PRESENCE theory suggests that computer mediated communication offers a diminished sense of psychological closeness or immediacy because it removes most nonverbal cues. Hope this is the answer that you are looking for.

The answer is :

"The theory of social presence."

Further explanation

Social presence theory is the ability of communication media to send social cues. This theory exists because of attention to differences in the physical closeness that seems inherent in the use of various communication media.

Social presence consists of psychological processes such as social orientation, identification of motivations, group thoughts, and what inspires feelings of togetherness, even through screens. This theory explains the primitive response to social cues. In a study conducted by  Zhou, Beozhou, and Weiguo  published in 2015, explained that social presence builds trust between individuals, which is very important for our interactions directly or online.

The emergence of computer-mediated communication (CMC) in education and training provides a completely new set of variables and characteristics for existing social presence models. In the context of electronic learning, it is redefined as the ability of students to portray themselves as "real" members of a community in social and emotional events.

Tu argues that in distance learning, social presence rests on three dimensions:

- social context

- online communication

- interactivity.

The social context contributes to a predictable level of social presence. The social context involves task orientation and privacy, topics, social development, and social processes.

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CMC https://brainly.com/question/1918317

Social presence theory https://brainly.com/question/10350782

Details

Class: High School

Subject: Social studies

Keywords: social presence theory, computer-mediated communication.

The word psychology means "study of the mind," and psychomotor means "mental activities or processes." based on this, you can conclude that the ancient greek root psych- means
a. "mind."
b. "trick."
c. "study."
d. "activity." user: the latin phrase e pluribus unum, which appears on the back of u.s. coins, means
a. "freedom, unity."
b. "united we stand."
c. "out of many, one."
d. "peace for one and all."

Answers

The first I believe is A, mind, and the second is C.
a. "mind." 
For the first one, not sure about the second one. 

The shepherds were told about Jesus by:

wise men
angels
God
Joseph

Answers

The shepherds in the field were told about Jesus by Angels. Though, in the writings of Luke it states that the 'Angel of The Lord' appeared. The term 'Angel of The Lord' also means God speaking in first person- but the answer is Angels, since not that many people know about the definition of the term. 

The shepherds were informed about Jesus by angels, pivotal in the narrative of Jesus' birth, contrasting with the wise men. The angel Gabriel, representing God, informed Mary about the miraculous conception of Jesus.

The shepherds were told about Jesus by:

In the Bible, the shepherds were informed about the birth of Jesus by angels. The angels delivered the good news to the shepherds, as depicted in the story from the Book of Luke.The announcement to the shepherds is a significant event in the narrative of Jesus' birth, contrasting with the visit of the wise men or Magi who arrived later bearing gifts for the newborn child.

Additionally, the angel Gabriel, sent by God, also played a crucial role in informing Mary about the miraculous conception of Jesus, as described in the Book of Luke.

1. The process by which one group takes on the cultural and other traits of a larger group is called _______. (1 point)
assimilation
pluralism
culture
integration

2. Chinatown in San Francisco and Little Havana in Miami are examples of _______. (1 point)
assimilation
pluralism
culture
integration

Answers

The answer for 1 is assimilation

That's when you adopt the cultural tradition of the host country in order to be more like them.

The answer for 2 is pluralism

They keep their own beliefs and traditions and establish neighborhoods where they don't have to be assimilated.

The main reason that family and friends are frequent targets of aggression is that

Answers

"They are convenient"
It's because they're already there and you're used to them so it's more convenient. 

The average person usually has between 15 - 30 acquaintances.
true or false

Answers

It is false that the average person usually has between 15 - 30 acquaintances. An acquaintance is a person you know, so I'm sure you know more than 30 people. As you grow older, you meet more and more people, and the number is sure to surpass 30. 

The statement that the average person usually has between 15 to 30 acquaintances is an approximation, and individual experiences may vary. Hence the statement is false.

The number of acquaintances a person has can be influenced by various factors such as personality, social environment, and lifestyle. Some individuals may have a smaller circle of acquaintances, while others may have a larger one.

It's important to note that this range is not a strict rule but rather a general estimation based on common social interactions. Ultimately, the number of acquaintances a person has can differ significantly from one individual to another.

Therefore the statement is false.

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What kind of child tends to be popular?. how do rejected children differ?

Answers

The popular ones with rich parents good looks nice personality if the child corresponds to the type that it's surrounding likes it has more chances of becoming popular rejected kids can be rejected for many reasons it could be social awkwardness race age or they could be rejected because they seem to be a threat for example in sports I could be rejected because I am too good just to give you a detailed idea I HOPE THIS HELPED GIVE ME BRAINLEST PLEASE

Education is considered an investment in human capital because it increases a worker’s knowledge of their field. true or false

Answers

True! Education is considered an investment in human capital because it increases a worker’s knowledge of their field. 

Answer:

True

Explanation:

Human capital is part of an economic perspective that sees the worker as having economic value. Human capital refers to the habits, knowledge, and social attributes that make a worker more proficient at producing economic value. Education is considered an investment on human capital. This is because education increases a worker's knowledge of his field, and allows him to perform his job in a way that brings more economic rewards.

What is tolerance? and what does it mean .?

Answers

The ability or willingness to tolerate something, in particular the existence of opinions or behavior that one does not necessarily agree with.

The number one thing that is given up in order to do something else is referred to as the _________.
law of supply
law of scarcity
opportunity cost
equilibrium price

Answers

The correct answer is C) Opportunity cost. Hope this helps.
The number one thing that is given up in order to do something else is referred to as the _C. opportunity cost________.

When was the orgainc act of oklahoma passed?

Answers

On May 2, 1890, the Oklahoma Organic Act was passed officially creating Oklahoma Territory, which initially excluded lands occupied by the Five Civilized Tribes, but reorganized the legal system of Indian Territory, providing for a mechanism to consolidate Oklahoma and Indian Territories.

Why were Americans most likely willing to accept such a large growth of the federal government?

Answers

Federal programs helped their own lives.

Which items describe people's interactions with their environment?

Technology does not affect the earth's environment.
People adapt to their environment.
People adapt their environment.
Population growth and the environment are unrelated.
Changes to the earth's environment rarely matter.
Changes to the earth's environment can be harmful.
Changes to the earth's environment can be beneficial.

Answers

the items that describe people's interactions with their environment are :
People adapt to their environment
. People adapt their environment. (assuming this means that people can change the physical and cultural landscape)
 Changes to the earth's environment can be harmful.
 Changes to the earth's environment can be beneficial.

hope this helps

The correct choices are;

People adapt to their environment.

People adapt their environment.

Changes to the earth's environment can be harmful.

Changes to the earth's environment can be beneficial.

When we discuss our environment we mean the world in our general surroundings which can influence our lives.  

When we discuss the environment we mean the world in our general surroundings that encompasses and influences all life on earth, including the air, natural ways of life, the water cycle, plants, creatures and different people.  

Environmental change is one of the huge natural changes that is influencing the lives of individuals, creatures and plants everywhere throughout the world.

Review the information in the idea web.


Which best completes the web?

Finances
Conservation
Students
Outreach

Answers

Correct answer choice is :


C) StudentsExplanation:

The idea web pattern helps students create ideas or thoughts. They are great for word mapping as well as brainstorming story concepts. These plans usually allow students to brainstorm their ideas and thoughts and then arrange them. Concept webbing forms enable students to develop from a primary idea. They are usually used when problem-solving and judgment making.

The best option to complete the idea web on the beneficiaries of volunteer work is Students.

Who benefits from volunteer work?

Children benefit from volunteer work especially those in orphanage homes. The homeless and the elderly also get help to do certain tasks that they wouldn't be normally able to.

Students also benefit from volunteerism in the education and sports industry where they pick up skills from volunteers.

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Ben-hur: a tale of the christ was written by civil war commander _____. robert lee joseph johnston lew wallace william sherman

Answers

Lew Wallace- by the way there are two great movies of it!

Answer:

Lew Wallace

Explanation:

Ben-hur: A tale of a christ is a novel about a Jewish prince called Judah Ben-Hur who was taken as a slave by the Romans and he became Christian and a charioteer. The novel was written by Lew Wallace, it was published in 1880 and became one of the most popular christian books at the time. The author was a lawyer from the United States that also served as a Union general in the American Civil War.

If the road surface or visibility is compromised in any way, such as by traffic congestion or bad weather, you must

drive at the posted speed limit
adjust your speed
use cruise control
drive with your hazard lights on

Answers

if the road surface or visibility is compromised in anyway, such as by traffic congestion or bad weather, you must :
D. drive with your hazard lights on
this way, other driver will be noted that you're experiencing a problem

hope this helps

How does Seward expand the antislavery argument beyond the moral appeal of the abolitionist?

Answers

Henry Seward expands the antislavery argument beyond the moral appeal of the abolitionist by talking about or addressing the country as a whole and not just about the slaves. He doesn't use the term "slaves" to refer it to them but rather, he calls them as "the laborers", so that, those who are non abolitionist would imagine slaves as laborers or working men. He also once said, as quoted, “the united states must and will, sooner or later, become either entirely a slaveholding nation, or entirely a free labor nation." Hope this answer helps.

Who was the king of english during the colonial years of protest

Answers

King George III. hope that helped :)

The Supreme Court decision which becomes the "Law of the Land" is the

concurring opinion.

dissenting opinion.

majority opinion.

Chief Justice's opinion.

Answers

I believe that "Majority Opinion" is the correct answer.

What were janissaries?

Answers

elite infantry units that formed the Ottoman Sultan's household troops and bodyguards.

Which advantages did Britain have against America during the American War for Independence?

A) They were battling on their home turf and had access to funds to recruit foreign soldiers.

B) They had a well-trained army and had access to funds to recruit foreign soldiers.

C) They had the support of all the American Indian tribes and the African Americans.

D) They had a well-trained army and the support of France, Spain, and Germany.

Answers

Answer:

B) They had a well-trained army and had access to funds to recruit foreign soldiers

Explanation:

During the American War for Independence, Britain had several advantages over the American revolutionaries.  One crucial advantage was their well-trained army, which was experienced and better equipped than the colonial militias. Additionally, Britain had a significant financial resource that allowed them to recruit foreign soldiers, including Hessian mercenaries from Germany, to supplement their forces.  While many American Indian tribes supported Britain fearing an American victory would lead to further loss of land, and some slaves fought with the British in exchange for their freedom, it would be inaccurate to say that all were supportive.  Importantly, France, Spain, and Germany did not support Britain; in fact, France became an essential ally to the American cause after the Battle of Saratoga.

Which statement about paragraphs is accurate?

A. They are always the same length.
B. They are always focused on a main idea.
C. They are always indented.
D. They always contain a topic sentence

Answers

I believe its D, they always contain a topic sentence.
b. They are always focused on a main idea

The French-Indian/Seven Years War is often viewed by historians as being a factor in causing the American Revolution. Which of these BEST explains why this might be the case?

Answers

What are the answers?

Important factors in determining the credibility of a health product manufacturer include

Answers

i just answered this before: peer-review, evidence and citations from scholars

Answer: D.  clinical trials, doctor's recommendation, and quality control

Explanation:

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