You have 10,000 to deposit. You want to save it, earning interest by loaning its use in the money market to your bank. You anticipate you will need to replace your washing machine within the year, however, so you dont want to surrender all your liquidity at once. What is the best way to save your money that will give you the greatest increase in wealth without too much risk and while still retaining some liquidity? Explain your reasons for your choice of solution.

Identify the last three items (consumer goods and durable goods) you purchased. Alternatively, select any three items you purchased during the last two months. Choose diverse items and analyze each item in terms of the following factors:

Why did you buy that item? How did you decide what to get?

What attributes proved most important in narrowing your choices? Create an attribute analysis chart for each item (see Figure 8.4 Sigs Product-Attribute Scoring in the textbook).

Where did you get your information about the item?

Where did you go to buy the item?

In what kind of market did you make your purchase?

Where did the money come from for your purchase?

How much did you pay for the item, and how did you pay for it?

How would you rate your satisfaction with your purchase?

If or when you purchase that type of item again, what might you do differently?