patrice and patrick are twins. they sit down to discuss their college plans with their parents. if both…

patrice and patrick are twins. they sit down to discuss their college plans with their parents. if both choose an in - state school, their parents will be able to cover the entire tuition costs. if either chooses an out - of - state school, there wont be enough money to cover both tuitions. what approach is the family taking to solve the situation?\nshared decision - making\npersonal risks\nfinancial planning\nopportunity cost\n\nquestion 8\n1 pts\nsergio and isabella are currently working full - time jobs. they are about to have their first child and are trying to decide if they are both going to keep working. what disadvantage will likely face if they choose a dual income option?\nthey will have a lower amount of disposable income.\nthey will have a greater amount of financial income.\nthey will have a higher amount of childcare expenses.\nthey will have more time to spend with their new baby.\n\nquestion 9\n1 pts\nwhat is not one of the three primary resources that families have to reach financial goals?\ntime\nmoney\neducation\nenergy

patrice and patrick are twins. they sit down to discuss their college plans with their parents. if both choose an in - state school, their parents will be able to cover the entire tuition costs. if either chooses an out - of - state school, there wont be enough money to cover both tuitions. what approach is the family taking to solve the situation?\nshared decision - making\npersonal risks\nfinancial planning\nopportunity cost\n\nquestion 8\n1 pts\nsergio and isabella are currently working full - time jobs. they are about to have their first child and are trying to decide if they are both going to keep working. what disadvantage will likely face if they choose a dual income option?\nthey will have a lower amount of disposable income.\nthey will have a greater amount of financial income.\nthey will have a higher amount of childcare expenses.\nthey will have more time to spend with their new baby.\n\nquestion 9\n1 pts\nwhat is not one of the three primary resources that families have to reach financial goals?\ntime\nmoney\neducation\nenergy

Answer

Brief Explanations:

Question 7:

The family is having a discussion together about college plans based on financial constraints. This indicates shared decision - making as multiple parties are involved in making a decision considering financial factors.

Question 8:

If both parents work full - time after having a child, they will likely need to pay for childcare, resulting in higher childcare expenses.

Question 9:

Time, money, and energy are often considered primary resources for families to reach financial goals. Education is not one of the three primary resources in this context.

Answer:

Question 7: shared decision - making Question 8: They will have a higher amount of childcare expenses. Question 9: education