Which One of the Following Is Not a Recommended Step

question 80

Multiple Choice

Which one of the following is not a recommended step individuals can use to weather a future financial crisis?

• A)establish a smaller than usual emergency fund
• B)consider converting investments to cash to preserve value
• C)contact banks and credit card companies if you are unable to make payments
• D)pay off credit cards
• E)seek cheaper alternatives to frequently purchased items

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Definitions:

Free-Agent Economy

An economy in which people change jobs more often, and many work on independent contracts with a shifting mix of employers.

Jobs

Positions or roles within organizations or societies that involve performing specific duties and tasks in exchange for compensation, such as salary or wages.

Goal Attainment

The process of defining, pursuing, and achieving objectives, often used as a measure of success or progress within an organization or individual's efforts.

Efficient

The effectiveness of processes or actions in achieving outcomes with the least waste of time or resources.