How is a householdrsquos precautionary savings likely to be, Ask an Expert

Management Studies

How is a household’s precautionary savings likely to be affected by the following events?

(Hint: precautionary savings reflects how much a household SHOULD save because of uncertainty, not how much they can save.)

1) The main wage earner in the house switches from a career in management at a large corporation to starting a small consulting business.

2) The household is given $5 million from a wealthy relative’s estate.

c) A couple’s last child graduates from college

View complete question

Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93130902

Have any Question?Write your Review or question?

Related Questions in Operation Management

Develop a vision of the future of business using blockchain

Develop a vision of the future of business using blockchain to further the relationships between suppliers and marketers Provide examples where you can of the future effort you envision Discuss the impact of these areas ...

A sporting goods company has a distribution center that

A sporting goods company has a distribution center that maintains inventory of fishing rods. The fishing rods have the following demand, lead time, and cost characteristics: Average demand = 230 units per day, with a sta ...

A customer has apprached a bank for 20000 one-year loan at

A customer has apprached a bank for $20,000 one-year loan at a 18% interest rate. If the bank does not approve this loan application the $20,000 will be invested in bonds that earn a 5% annual return. The bank will charg ...

The student advisement office at the university has a

The student advisement office at the University has a student worker who copies and assembles a handbook for students whenever the supply of these runs low. Past observations indicates that these handbooks are given out ...

What problems most frequently occur when organizations

What problems most frequently occur when organizations create and retain working documents? Why should a department manager make an organizational personnel policy and procedure manual readily available to employees? How ...

Us airlines ndash case studythe united states airline

US airlines – Case Study The United States Airline Industry The U.S. airline industry has long struggled to make a profit. Analysts point to a number of factors that have made the industry a difficult place in which to d ...

1 what is the significant benefit to the employees of us

1. What is the significant benefit to the employees of US Airways, after the merger with American Airlines? 2. How important is branding and is it necessary to protect it? 3. The correlation coefficient between a selecti ...

You go to a job interview with a company that is new in the

You go to a job interview with a company that is new in the industry. The CEO tells you that she wants the company to create a very high end clothing brand, and they need someone to sell the product in the Southeast Unit ...

Required 1000 wordsyou and your family have moved from

Required 1000 words You and your family have moved from Abu-Dhabi to Dubai, you are living now in a month-to-month rental and have finally found the perfect house to buy, where it is near from the school and the market, ...

1 when if ever is an employee justified in blowing the

1. When, if ever, is an employee justified in blowing the whistle? What do you see as the most important factors that he or she needs to consider in deciding whether to blow the whistle? 2. Compare the internal and exter ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Operation Management Expert