Which of the following is an example of opportunity cost?
A) Renting an apartment near school
B) Saving money instead of taking a vacation
C) Organizing income tax records
D) Purchasing automobile insurance
E) Using a personal computer for financial planning
Correct Answer:
Verified
Q45: _ goals relate to infrequently purchased, expensive
Q46: Which of the following intermediate goals is
Q47: Rob Redbird is interested in attending a
Q48: The goal of purchasing a long-term care
Q49: Which of the following is correct?
A) A
Q50: Fran Gardner has a goal of "saving
Q51: To develop a financial plan,one should
A) Set
Q52: Future value computations are also referred to
Q53: Present value computations are also referred to
Q55: Opportunity cost refers to
A) Money needed for
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