Questions from Personal Finance

Q: What is average propensity to consume? Is it possible for two

What is average propensity to consume? Is it possible for two people with very different incomes to have the same average propensity to consume? Why?

Q: Discuss the various forms in which wealth can be accumulated.

Discuss the various forms in which wealth can be accumulated.

Q: What is the role of money in setting financial goals? What

What is the role of money in setting financial goals? What is the relationship of money to utility?

Q: Explain why financial plans must be psychologically as well as economically sound

Explain why financial plans must be psychologically as well as economically sound. What is the best way to resolve money disputes in a relationship?

Q: Explain why it is important to set realistically attainable financial goals.

Explain why it is important to set realistically attainable financial goals. Select one of your personal financial goals and develop a brief financial plan for achieving it.

Q: Distinguish between long-term, intermediate, and short-term

Distinguish between long-term, intermediate, and short-term financial goals. Give examples of each.

Q: What types of financial planning concerns does a complete set of financial

What types of financial planning concerns does a complete set of financial plans cover?

Q: Discuss the relationship of life-cycle considerations to personal financial planning

Discuss the relationship of life-cycle considerations to personal financial planning. What are some factors to consider when revising financial plans to reflect changes in the life cycle?

Q: Chad Jackson’s investments over the past several years have not lived up

Chad Jackson’s investments over the past several years have not lived up to his full return expectations. He is not particularly concerned, however, because his return is only about 2 percentage point...

Q: Linda Calloway and Meredith Perdue are neighbors in Charleston. Linda works

Linda Calloway and Meredith Perdue are neighbors in Charleston. Linda works as a software engineer for Progressive Apps Corporation, while Sherry works as an executive for Industrial Container Company...