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Q: Do you agree with the idea the more money you save the benefits life will be?
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Continue Learning about Economics

Do you agree or disagree with Gary Becker's idea that economics guides even life's most personal decisions?

The answer is written right up your nose!


How did money change life for people?

money changes life for people because they can buy stuff that people already have and the people sell stuff for money so they can buy some other stuff some people don't have a lot of money and they need a better life and some people think that we should help those people so they can be happy with a better life


Are retirement benefits the same as life ins on an estate?

Retirement Benefits after Death?NO. Retirement benefits cease once a person dies and therefore would not be part of an estate. When a person Dies, they are no longer considered "Retired", They are after death considered "Expired".Life insurance also is not part of an estate unless there is no named beneficiary. The proceeds of a life insurance policy belong to the beneficiary named on the policy, Not to the deceased nor to the deceased estate.


What are the pros and cons of economic development?

Pros : -more jobs-more money into country-national attractions bring money (+ tourist +publicity)-economy benefits-life expectancy (better health care)cons :if the country is doing something bad and they have economic development (meaning more publicity) there is a higher chance that they will be caught giving them bad publicity)


What benefits do global trade have on people's everyday life?

Global trade encourages growth in technology and communications

Related questions

Who receives the benefits or money from a life insurance pplicy upon the death of the insured?

Upon the death of the insured, the person or persons selected as the receiver of benefits in the contract receives the benefits or money from a life insurance policy.


What are the benefits of green technology?

"reduce use of money increase human quality of life"


What are the benefits of purchasing cash value life insurance for retirement?

The benefits of purchasing cash value life insurance is to have money available in case of emergency. A cash value policy is like a bank account. You can withdraw the money paid in at anytime.


What are employee benefits?

Employee benefits are things other than money the company gives you: medical insurance life insurance disability insurance retirement benefits vacation paid holidays


Is money gained from a life insurance inheritance taxable income?

No. Death benefits from life insurance are not taxable. The only way that it could be taxes is if you illegally deducted your premiums on your tax returns. As long as the premiums are paid with after- tax money, there is no income tax on death benefits.


Benefits of an Obstetrician?

Good money, help bring a new life, see happy mother and baby.


Do you agree or disagree with Gary Becker's idea that economics guides even life's most personal decisions?

The answer is written right up your nose!


Who receives the benefits or money from a life policy upon the death of the insured?

Normally, the insured's appointed Nominee is entitled to receive the benefits or money upon his death. However, if there are other legal heirs, the money is to be distributed among them by the nominee as per law of the land.


Why is space exploration a bad idea?

Because it is a waste of time Waste of money Risks to life


Is money inherited from a parent's life insurance policy taxable income?

Death benefits are not taxable for income tax purposes.


Who receives life insurance money if no benificiary is named?

If no beneficiaries are named on a life insurance policy, or all named beneficiaries are deceased, then benefits will be paid to the insured's estate.


What are the benefits of communication to the developing countries?

Benefits of Communication is as followes: 1. improves business contacts. 2. improves information transfer. 3. reduces time & money for information transfer. 4. improves life style as well as life security.