When interest rates decrease: Group of answer choices   people who are borrowing money will benefit from this change. everyone benefits from this change. people who are saving money will benefit from this change. no one benefits from this change.

Why would management use the maximin rule?

After graduation, you face a choice. You can work for a multinational consulting firm and earn a starting salary (including benefits) of $45,000, or you can start your own consulting firm using $6,000 of your own savings. If you keep your money in a savings account, you can earn an interest rate of 5 percent. You choose to start your own consulting firm. At the end of the first year, you add up all of your expenses and revenues. Your expenses include $14,000 for rent, $1,600 for office supplies, $22,000 for labor, and $4,900 for telephone expenses. After operating your consulting firm for a year, your total revenues are $102,000. Instructions: Enter your answers as a whole number. a. What is your accounting profit? $ 44,500 8 b. What is your economic profit? $ 4,150

Not counting Social Security, should the government force people to save money in personal accounts for their eventual retirement?