Questions

Personal financial planning is the process of creating and achieving financial goals.

True statements regarding personal financial planning:

As we age, the number and complexity of the financial decisions that we make increases.

There are two means for achieving financial goals—you either need to increase your savings or reduce spending.

A family's resources are limited.

The relationship between a cathode and an anode involves the transfer of electric charge between them. The cathode is the negative terminal on the battery, which has zero electric potential. The anode is the positive terminal on the battery and has the battery's maximum electric potential. Current flows from the battery's anode (positive terminal) to the cathode (negative terminal). In electron flow, electrons leave the negative side of the battery and move towards the positive side of the battery.

Hence, The relationship between a cathode and an anode involves Electrons.

Graphite is a good conductor of electricity as it contains free electrons to move through the structure of the graphite.

The basic concept in economics is that all resources are limited.

Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.