Describe a tradeoff you have made in terms of time or income

Reference no: EM132299983

Question: Let's talk about two tradeoffs we face every day: how we spend our time and money.

We can only do two things with income: spend it or save it. Time is the ultimate resource. We can choose to spend time working to earn an income or we can do other things, broadly classified as leisure. Reply to these prompts to start your discussion:

• How does a change in interest rate affect your decision to spend or save? How would a change in the interest rate affect afirm's decision to invest or save?

• How might an increase in the wage rate affect what you do with your time?

• Now describe a tradeoff you've made in terms of time or income.

Talk about tradeoffs with your peers:

• Reply to one peer who made a tradeoff to which you can relate. Discuss and compare your decisions.

Reference no: EM132299983

Questions Cloud

Possible opportunity to market its products : When a company wants to conduct research, it first must identify a problem or possible opportunity to market its products.

Write project status report for happy time toys : ???????Imagine trying to write a project status report for Happy Time Toys with three other team members when an older team member tries to take project over

What does data suggest about financial market expectations : Suppose current annualized yields on 1-year US treasury securities are only 0.28%....while current annualized yields on 2year US treasury securities are 0.69%.

Is it possible to over manage risk : Is it possible to over manage risk? What happens when managers are risk adverse? Can those managers be innovative?

Describe a tradeoff you have made in terms of time or income : We can only do two things with income: spend it or save it. Time is the ultimate resource. We can choose to spend time working to earn an income or we can do.

Research on the australian financial market : HA1022 - Principles of Financial Management - Holmes Institute - Written Research on the Australian Financial Market - Discuss the financial instruments

Service excellence committee : Employee Turnover at Hillcrest Memorial Hospital SCENARIO: Your group is the newly formed “Service Excellence Committee” at Hillcrest Memorial Hospital.

What do you think future will bring for sport communicators : Consider how you interact with your favorite sports team or organization. What do you think the future will bring for sport communicators?

Develop a MATLAB program for solving the problem : 301023 Advanced Thermal and Fluid Engineering Assignment, Western Sydney University, Australia. ) Develop a MATLAB program for solving the problem

User Account

All Pages