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The last step in the financial planning process is to develop financial plans and strategies...

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Finance

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The last step in the financial planning process is to develop financial plans and strategies to achieve goals. use financial statements to evaluate results of plans and budgets, taking corrective action as required. implement financial plans and strategies. redefine goals and revise plans and strategies as personal circumstances change O periodically develop and implement budgets to monitor and control progress toward goals. The average propensity to consume refers to the 0 dollars of income spent for current consumption. O percentage of income saved. expenditures for the minimum necessities of life. percentage of income spent for current consumption. fact that people with higher incomes spend more for the necessities of life

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