Question

Question 18 of 20
Which is true about the role of cost of living on meeting financial goals?
A. The lower the cost of living, the more it impacts meeting financial goals.
B. The higher the cost of living, the more it impacts meeting financial goals.
CC. The cost of living stays the same in any state but does impact financial goals
D. The cost of living varies from place to place but does not impact financial goals.​

Answer 1

The answer is b the more the cost of living is the more it impacts financial goals

Answer 2

The true statement concerning the influence of cost of living on achieving financial goals is that the higher the cost of living, the greater the impact.

What is the cost of living?

The cost of maintaining a specific standard of living is known as the cost of living. A cost-of-living index is employed to measure out modifications in the expense of living over time.

Computations of cost of living are too applied to analyse the costs of maintaining a certain level of living in different geographical places.

The cost of living is also impact on achieving financial objectives means as the higher the cost of living it is the more difficult it is to achieve financial objectives.

To learn more about the cost of living, refer to:

https://brainly.com/question/13292611

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