Assuming No Bequests,with a Real Rate of Interest of 10

question 55

Multiple Choice

Assuming no bequests,with a real rate of interest of 10 percent,wealth of $60,000,current income of $70,000,future income of $180,000 and future consumption of $158,000,current consumption must equal ________.

• A)$158,000
• B)$150,000
• C)$152,000
• D)$130,000

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Definitions:

Contingencies of Reinforcement

The conditions under which behaviors are reinforced, shaping the likelihood of the behavior being repeated.

Punish Employees

The act of imposing a penalty or negative consequence on workers for violating rules or expectations.

Guidelines

Recommendations or principles that provide direction or advice on how to proceed or behave in specific situations.

Rewards

Are benefits, compensations, or recognitions provided to individuals to acknowledge their achievements and motivate future performance.