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Why do people tend to place a greater value on their money than their time when making banking choices?
For several reasons:
Valuing time is very difficult. To compare two banks you would need to compile information on the amount of time each bank would take for the various processes that you are likely to use (banks are not likely to volunteer that information), how often you are likely to use these over a typical period, the consequent costs and benefits. You then need to work out the expected overall cost or benefit. If you value your time, all that is usually not worth it.
On the other hand finding out about banking charges (if any) and interest rates is easy.
Most people do not place much value on their time because it is too abstract. The only exception is when the car in front of them does not start moving within a nanosecond of the lights changing! And if that happens, every millisecond of delay is more valuable that the driver's sanity!
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Who invented banking?
Chinese people have invented online internet banking
What are the principles of Sociometry?
Sociometry is the method for measuring social relationships. It is based on the principle that by making choices based on specific criteria people would be more spontaneous, fresh, clear and lively.
What is a quote from the Devil's Arithmetic?
"There are always choices. People make wrong choices. It's those wrong choices that can haunt you for the rest of your life."
When did people stop making half pennys?
Australian people stopped making Halfpennies in in 1965. British people stopped making predecimal halfpennies in 1968. British people stopped making decimal halfpennies in 1984. Irish people stopped making Halfpennies in in 1986. New Zealand people stopped making Halfpennies in in 1966.
What is the probabililty of at least 2 people same birthday from a group of n people then how large ned n for the probability to be greater than 0.5?
It is 1 - 365Cn/365n. This is greater than 0.5 for n greater than or equal to 23.
When making choices people carefully gather all available information about the costs and benefits of alternative choices?
true
Who are some examples of smart living people?
A person that is said to be an example of smart living is a person that is making choices that are pro-environment. They are making choices for clean energy use and choices that are financially sound.
What is the study of how people seek to satisfy their needs and wants by making choices?
Economics
What kind of personality are you?
That depends largely on the choices that you are making in your life. If you are making good choices, then you are becoming good. If you are making bad choices and not correcting them, you might be becoming bad. Our choices dictate our destinies. We can't control external events, but we can control how we react to them, what we focus on, and the priorities that we make in our lives. If we work on being the people that we want to be *today,* those choices will carry through to tomorrow, helping us to get closer to that eventual goal.
The study of how people seek to meet their needs and wants by making choices is what?
Economics/bugeting
What are democracies essentials characteristics?
you have a right to vote and people have a large say in making big choices
You why do people continue making unhealthy choices?
they think it tastes better than healthy foods
How electronics and communication is applicable in banking sector?
With the growing technology and communication sectors, banking services had extended to internet and mobile banking making it easier for the people as well as the banks. One can perform most of the tasks at home or on the go.
What kind of person are you becoming?
That depends largely on the choices that you are making in your life. If you are making good choices, then you are becoming good. If you are making bad choices and not correcting them, you might be becoming bad. Our choices dictate our destinies. We can't control external events, but we can control how we react to them, what we focus on, and the priorities that we make in our lives. If we work on being the people that we want to be *today,* those choices will carry through to tomorrow, helping us to get closer to that eventual goal.
Bureacracy used in a sentence?
the bureaucracy is making bad choices bureaucracy means government for people who ask
How does scarcity lead to choices for the consumer?
when scarcity excited it lead to people making a choice whether to buy it or not to buy it.
Which can people do through the Internet to make better economic decisions?
Get the information that is necessary for making good choices. #ApexAnswer
