Which of the Following Intermediate Goals Is Stated Most Clearly

question 1

Multiple Choice

Which of the following intermediate goals is stated most clearly?

• A)Buy a car for less than $17,000 within 6 months
• B)Retire in 10 years at age 65 with $2,000,000 in my 401(k)account
• C)Purchase a house with a mortgage no greater than $150,000 within 3 years
• D)Set up an emergency fund
• E)Invest $50 per month for the next 18 years for my nephew's college fund

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Definitions:

Electricians

Skilled tradespeople who specialize in the installation, maintenance, and repair of electrical systems and equipment.

Dirty Work

Unpleasant, difficult, or demeaning tasks often avoided by many but necessary within a specific context or job.

Oppressed Minorities

Groups within society that face systematic discrimination, marginalization, and denial of their rights, often based on ethnic, racial, religious, or gender identity.

Income Effect

The change in an individual's or economy's income and how that change affects the quantity demanded of a good or service.