This topic contains a solution. Click here to go to the answer

Author Question: Savings accounts pay very low rates of interest. The average return on the stock market is about ... (Read 19 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
Savings accounts pay very low rates of interest. The average return on the stock market is about 10-12, in the long run. Why would anyone put money into a savings account?
 
  What will be an ideal response?

Question 2

Which of the following is not considered a rationale for the intervention of government in the market process in the United States?
 
  A) the redistribution of income
  B) the reallocation of resources
  C) the long-run planning of scarce resources
  D) the short-run stabilization of prices
  E) All of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

isabelt_18

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

The stock market gives a higher return for higher risk. Particularly if you are very averse to risk, you might find the savings account to be an attractive alternative.

Answer to Question 2

C




fasfsadfdsfa

  • Member
  • Posts: 554
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

For a complete list of videos, visit our video library