Assuming Social Security income is not absolutely necessary at age 62, the decision whether to begin receiving reduced payments at age 62 versus waiting for full retirement age is
A) a financial analysis decision based on present value and life expectancy.
B) a moot point since the government tells you when you are eligible.
C) a decision based on expected inflation rates.
D) a moot point since you should take the money as soon as possible.
Answer: A
Business
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If you saw your manager retreat to his technical specialty and continually focus on how things were done in the past, what would this signal?
A) The manager's desire has deteriorated. B) The manager's ability has deteriorated. C) The manager lacks the necessary resources and support to do his job. D) The manager's talent has deteriorated.
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Common stockholders are essentially creditors of the firm
Indicate whether this statement is true or false.
Business