Assume that you have established a plan to achieve a


Question: Assume that you have established a plan to achieve a particular level of wealth in three years, but the economic conditions suddenly cause your existing income to decline and the value of your existing assets to decline. Should you leave your financial plan as it is or adjust it?

A. change your plan because your goals may be unrealistic due to the stronger economic conditions

B. not change your plan because your goals are stillrealistic, even in the weaker economic conditions.

C. not change your plan because your goals are unrealistic in the weaker economic conditions.

D. change your plan because your goals may be unrealistic due to the weaker economic conditions.

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Finance Basics: Assume that you have established a plan to achieve a
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