do you think most Americans are saving the recommended 20% per paycheck? Why or why not?

Answers

Answer 1

Answer:

Yes

Explanation:

Yes  because

The standard rule of thumb is to save 20% from every paycheck. This goes back to a popular budgeting rule that’s referred to as the 50-30-20 strategy, which means you allocate 50% of your paycheck toward the things you need, 30% toward the things you want and 20% toward savings and investments.

Shon Anderson, a certified financial planner at Anderson Financial Strategies, says this “gold standard” will not apply to everyone or every situation. Another method, he suggests, involves an 80-20 divide, with 20% of your paycheck allocated to your savings and the remaining 80% allocated to spending related to your needs and wants. The idea is that the 20% allocation remains constant in either approach.

It’s certainly realistic that, in this latest rule, the 80% takes up all your essential costs, leaving no room to spend on your wants. For example, latest data from Redfin reveals that the average monthly price of rent in the U.S. is $2,016 as of June 2022. With this high average, it makes sense that one’s needs could easily reach 80% of one’s paycheck.

No matter which rule you choose to follow, be sure to find a flexible balance between saving and spending. “The point with both these methods is that saving 20% is still a priority,” Anderson says.

And if you’re wondering how much of that 20% you should invest, it helps to first have a goal in mind to stash about three to six months worth of living expenses into your savings — it’s also how much experts typically recommend saving for an emergency fund


Related Questions

how do men and women compare in personality characteristics, emotionally, and cognitive abilities?

Answers

The researchers discovered gender variations in each of the ten personality traits they examined: women scored higher on average for ebullience, compassion, politeness, orderliness, volatility, withdrawal, and openness, while males scored higher on assertiveness, dominance, and competitiveness.

What is personality?

The distinctive sets of actions, thoughts, and emotional patterns that are created through time as a result of biological and environmental influences make up a person's personality. Characteristics that predict an individual's conduct are the basis of trait-based personality theories like those put forth by Raymond Cattell. Personality psychology, the study of personality psychology, makes an effort to elucidate the patterns that underlie behavioral variations. The study of personality has been approached by psychologists in a variety of ways, including biological, cognitive, learning, and trait-based theories, as well as psychodynamic and humanistic methods. Sigmund Freud, Alfred Adler, Gordon Allport, Hans Eysenck, Abraham Maslow, and Carl Rogers were among the first theorists in the field of personality study. Other early theorists in the field include Gordon Allport, Hans Eysenck, and Gordon Allport.

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What is an example of meritocracy in education?

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A meritocratic education system, by definition, allows students to achieve their goals and earn appropriate rewards independent of external conditions.

What is meritocracy?

Meritocracy is a political system in which economic commodities and/or political power are distributed to individuals based on merit, effort, and success rather than wealth or social class. In such a system, advancement is dependent on performance, as assessed by examination or verified achievement. The notion of meritocracy has existed for millennia; the phrase was coined in 1956 by sociologist Alan Fox in the magazine Socialist Commentary. In 1958, sociologist Michael Dunlop Young popularized the phrase in his dystopian political and satirical novel The Rise of the Meritocracy. The following is an example sentence: 'Britain is a meritocracy, and anyone with skill and vision may strive to the greatest level.'

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PLEASE HELP FAST AAAAAA 20 POINTS

Answers

D)

During the golden age, China came into contact with many new cultures which led to its trade network expanding.

when researchers monitored the professional accomplishments of more than 1500 highly intelligent individuals, they found that the most successful were more ambitious, energetic, and persistent than others. this best illustrates the importance of:

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when researchers monitored the professional accomplishments of more than 1500 highly intelligent individuals, they found that the most successful were more ambitious, energetic, and persistent than others. this best illustrates the importance of: achievement motivation.

A social psychology term for when people are motivated, inspired, or stimulated by successes or accomplishments is achievement motivation.Some people in the workplace are high performers who are motivated by achievement and fear failure.To put it simply, motivation is the urge to take action.These are the motives that motivate an individual to take a particular action.Fulfillment for power, achievement, and affiliation are the three types of motivation.

The desire to perfect oneself and perform the activity to its fullest represents the achievement motivation.In other words, this kind of drive can be understood as a desire to overcome oneself or others.An accomplishment inspiration model can be an individual who is endeavoring to turn into a director of a deals organization.This person probably sets monthly small, attainable goals.These objectives would show steps that can be taken to improve one's craft.Achievement motivation relies heavily on striving to achieve that objective.

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iq tests and tests like the sat are considered standardized. what is the advantage of a standardized test

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An IQ test has the potential to provide specific, crucial information about a young child's intellectual development that family members or other professionals might not have seen or been able to explain.

What is an IQ test ?

A set of standardized tests or subtests created to measure human intelligence result in a total score known as an intelligence quotient (IQ). The psychologist William Stern created the abbreviation "IQ" for the German term Intelligenzquotient, which he used to refer to the scoring system he recommended in a 1912 book for intelligence tests at the University of Breslau. In the past, IQ was calculated by dividing a person's mental age score, which was obtained after taking an intelligence test, by their chronological age, which was measured in years and months. The resulting fraction (quotient), which yielded the IQ score, was multiplied by 100. The raw score is converted to a normal distribution with a mean of 100 and a standard deviation of 15 for IQ tests administered today.

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Amanda is a "jock" and sophie is a "nerd. " robert plays the tuba, so of course, he’s a "band kid. " what function do these categories serve?.

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'Amanda is a "jock" and Sophie is a "nerd. " Robert plays the tuba, so of course, he’s a "band kid. They serve as reputations or "images function do these categories serve.

An image is a visual representation of something and a digital image is a binary representation of visual data. These images can be in the form of photographs, graphics, and individual video frames. An image in this sense is an image that has been created or copied and stored in electronic form.

Identity Diffusion is a status that characterizes people who are not exploring possibilities or committing to an identity. Those who hold this identity may have little connection to those around them, drift aimlessly, or have little purpose in life.

An image is defined as a representation of something or someone or a picture or idea that you imagine in your mind or how you or others think of you. An example image is a drawing of your father. An example of an image is an image captured by a camera and developed.

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Which social class in colonial latin american was most williing to support revolution and why?.

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The Creole was the social class in colonial Latin America which was most willing to support revolution. They wanted political and economic control from the Spanish peninsulares.  

Around 19th century, the Creoles were feared that there would be social unrest. They wanted to see themselves above the Spanish peninsulares. They wanted to control all the powers of the state. And so they decided to lead the revolution - the fight for Latin American Independence.

Peninsulares were the people born in Spain who were at the top of Latin American society. They enjoyed all the powers and important positions in colonial government. The Creoles had a desire for powers and economic control. That is the reason they decided to lead the revolution.

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Gerrymandering can thwart the purpose of single-member district elections because?.

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Gerrymandering can thwart the purpose of single-member district elections because districts can be drawn favoring one political party. (Option B)

Gerrymandering, in representative democracies, refers to the political manipulation of electoral district boundaries with the objective of generating unfair advantage for a party, group, or socio-economic class within the constituency. By creating, for instance two states instead of one, by the rules for representation in the Electoral College, each new state carried at least three electoral votes, regardless of its population. Single-member districts support gerrymandering in order to favor one political party as the candidate with the most votes will be declared the winning candidate.

Note: Question is missing options which are A. districts can be drawn with little regard for partisanship. B. districts can be drawn favoring one political party. C. districts can be drawn based solely on race or religion. D. districts can be drawn based solely on property value.

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Which summarizes Washington’s foreign policy views on the war between Britain and France?

Washington believed that the United States should secretly support France.

Washington believed that the United States should remain neutral in the war.

Washington believed that the United States should declare war on both nations.

Washington believed that the United States should secretly support Britain.

Answers

Option B. The summary of the foreign policy views of Washington on the war between Britain and France is that Washington believed that the United States should remain neutral in the war.

What was Washington's neutrality stance?

On April 22, 1793, U.S. President George Washington officially proclaimed the country neutral in the conflict between France and Great Britain. This was known as the Proclamation of Neutrality. It implied that any American aiding a warring nation would face legal action.

President George Washington issued the Proclamation of Neutrality in 1793. It states that even if two of the participating warring countries are engaged in combat with one another, the United States will not join any of them and will keep up commercial relations with them all. Many legislators at the time disagreed with this declaration and questioned Washington's authority to make such decisions about foreign policy.

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which of the following best describes how president wilson's approach to latin american affairs differed from his predecessors?

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Wilson was against imperialism. He held that a country's stability and prosperity depended on its democratic system. In order to establish a world free from upheaval and bloodshed, he urged the United States to support democracy.

He had thought that the US would set an exemplary moral standard, but his international crises dashed that dream.

Wilson opposed U.S. territorial expansion into other countries and sought to bring the country back to its limits since he was an anti-imperialist and non-interventionist. He was opposed to all types of American engagement abroad, including military and economic ones.

Wilson stated in a statement soon after entering office that the United Republics aspired "to develop the goodwill and merit the trust" of the Latin American states, but he also made clear that he thought "fair governance" had to be based on "the consent of the governed."

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Todd was elected mayor of his city last year. Now, he is involved in a scandal because he took bribes from a local businessman. His defense is that his own choices and transactions are his concern, not something the public should care about. What sociological concept makes it the public's concern?
A- right
B- groupthink
C- status set
D- role strain

Answers

Based on the sociological concept, and considering the situation described, the sociological concept that makes Todd transactions the public's concern is the "Role Strain" sociological concept.

What is the Role-Strain Sociological Concept

The Role Strain Sociological Concept is a term that is used to describe the sociological concept that defines the situation whereby a person has a life role to fulfill such that, he is expected to possess some challenging behavior, has unrealistic expectations, or is overwhelming in some other way.

Given that people or the public are expecting Todd to be clean in all ramifications, which can be unrealistic and challenging, hence, this is an example of role strain.

Therefore, in this case, it is concluded that the correct answer is "Role Strain."

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in piaget's theory, involves building schemes through direct interaction with the environment. a. disequilibrium b. assimilation c. organization d. adaptation

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In Piaget's theory, adaptation involves building schemes through direct interaction with environment.

What is adaptation?

Three linked concepts underlie adaptation in biology. Natural selection, a dynamic evolutionary process, is first responsible for adapting organisms to their environments and increasing their evolutionary fitness. The population arrives to it during that process, which brings us to our second point. Thirdly, it is a phenotypic trait that has undergone natural selection and has a functional function in every individual organism. Ancient Greek thinkers like Empedocles and Aristotle first discussed adaptation in history. The concept of adaptation as proof of the presence of a deity was used in natural theology in the 18th and 19th centuries. Natural selection, on the other hand, was the explanation put out by Charles Darwin.

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How did France and Spain help the Americans win the war?

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At the decisive battle of Yorktown in 1781, French soldiers supported the reinforcement of the continental army. During the Revolutionary War, the Spanish provided supplies to the colonies as well. They attacked British forts in Florida, Alabama, and Mississippi after declaring war o n the British Empire in 1779.

What was the revolutionary war?

13 of Britain's North American colonies rebelled against its imperial rule, sparking an epic political and military conflict known as the American Revolution that lasted from 1765 to 1783.

The British crown and Parliament's imposition of taxes without the consent of the colonial population sparked the initial revolt.

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Which of the following statements is true about trademarks?

Multiple Choice
Trademarks are designs and names by which businesses differentiate their products.
Trademarks are the exclusive legal rights of authors, composers, playwrights, artists, and publishers to publish and disperse their work as they see fit.
Trademarks grant the inventor of a new product or process exclusive rights for a defined period to the manufacture, use, or sale of that invention.
Trademarks specify certain safety standards to which a product must adhere.

Answers

Trademarks are the exclusive legal rights of the authors, composers, the playwrights, artists, and the publishers to publish and also disperse their work as they see fit.

A trademark is a word, phrase, symbol, design, or combination thereof that identifies goods or services. This is how you recognize your customers in the market and differentiate yourself from your competitors. The term "brand" may refer to both trademarks and service marks. A trademark is the word, symbol, design, or the phrase that identifies a particular product and the distinguishes it from the similar products. Copyright protects "original works" such as writing, art, architecture, and music. The trademark owner is the person who affixes the trademark to the goods for which it is made or who uses the trademark to sell or advertise the services offered by the trademark..

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a bias in the interest group system that favors the wealthy is a criticism of which theory of government?

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A bias in the interest group system that favors the wealthy is a criticism of  theory of government Pluralism(1).

Which interest groups have been criticized?

Some interest groups' power is disproportionate to their size in some cases.  Many organizations don't represent the opinions of the individuals who claim to do so.

What kind of bias is present in the quiz on interest group membership?

The features of interest group members in the United States tend to give rise to a strong upper-class tilt in interest group politics.

Quiz: Are interest groups biased?

Do interest groups have biases? There may be a little upperclass bias in integer groups. Rich people are more likely than poor people to join and participate in interest groups, and corporate and professional interest groups are much more prevalent and well-funded than those representing minorities.

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What does Thanksgiving mean to you?

Answers

Answer:

Thanksgiving is a time to be grateful for what you have. It is also a time to get together with family and friends.

Do you know someone who is a veteran? describe their contributions with the class.

Answers

The time period "veteran" means someone who served in the lively army, naval, or air carrier, and who become discharged or launched therefrom under situations aside from dishonorable. (E) authorized journey to or from such obligation or provider.

Veterans are patriotic and proud representatives in their state. This pleasure isn't always self-possessed due to the fact they risked their lives to hold the USA  secure and free. Veterans have long gone to the farthest parts of the earth to shield their homeland. Their willingness to fight advocated for their fellow citizens.

O longer handiest do our veterans shield our rights and freedoms, but additionally, they offer services and useful resources to the ones in want. commonly, the U.S. is the primary at the scene imparting clinical resources, food, and water to a degree no other us of a can come close to at some stage in disasters each home and overseas.

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culture refers to: a. the entire set of beliefs, art, law, music and customs shared by members of a society b. the language and music of a particular group c. the way people of a certain group behave d. the behavior patterns of a particular group

Answers

Culture refers to: the entire set of beliefs, art, law, music and customs shared by members of a society.

There are several characteristics linked with people's daily life and a wide range of art forms that are practiced in every culture, regardless of the region in which it is found.

Due to the addition that culture has made to the way of life or the creation of art, these characteristics are exclusive to that culture. The characteristics are therefore referred to as "cultural traits."

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please select all of the reasons why broken glassware should not be discarded in regular garbage or recycling containers.

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Injuries could occur if janitor staff do not notice the broken glassware, and broken glassware may still contain chemicals that must be disposed of properly, which is why broken glassware should not be discarded in regular garbage or recycling containers.

Recycling is the process of gathering and using materials that would otherwise be thrown away as waste to make new products. Recycling can help your community as well as the environment.

It saves energy, reduces air and water pollution, cuts greenhouse gas emissions, and protects natural resources.

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What is lateralization in AP Psychology?

Answers

Answer:

the differing functions of the left and right hemispheres of the brain is called lateralization.

Explanation:

please make my answer as brainelist

The left and right hemispheres of the brain have different functions, which is known as lateralization.

What does lateralization in psychology actually mean?

The left and right sides of the brain are each uniquely equipped to focus on various types of information, process sensory inputs in various ways, and regulate various kinds of motor behavior. This is known as brain lateralization or hemispheric specialization.

The left and right hemispheres of the brain have different functions, which is known as lateralization. Over the years, studies have revealed that damage to one hemisphere or the other can result in a variety of issues, and understanding this can aid in behavior prediction.

What is an illustration of lateralization?

Handedness, or the propensity to accomplish tasks with one hand or the other, is the most glaring example of laterality. Classifying someone as right-handed, left-handed, or ambidextrous is standard procedure (two-handed).

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What does subliminal effect mean?

Answers

Answer:

affect your mind without you being aware of it

OR

any sensory stimuli

Explanation:

EXAMPLE :

Words and images briefly flashing in between frames of film, usually at one tenth of a second.

Subliminal influences or messages affect your mind without you being aware of it.

What does the subliminal effect mean?Signals below the absolute threshold level (ATL) of our conscious consciousness are referred to as subliminal messages. Subliminal literally translates to "below threshold."The first thing we must realize is that, despite our best efforts, we cannot become consciously aware of subliminal inputs. The lowest level of stimulus humans can detect, whether it is visual, aural, sensory, etc., is known as the absolute threshold. An external stimulus below ATL cannot be consciously detected.The second thing we should know is that subliminal perception is thought to be the result of a purposefully created communication technique intended to elicit a response, causing people to act in ways they wouldn't normally.

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according to theorists eleanor and james gibson, who developed the ecological view of perceptual development in infancy, which of the following statements is true?
a. People indirectly perceive information that exists in the world around them
b. Culture brings people into contact with the environment so that they can interact with and adapt to it.
c. People have to take bits and pieces of data from sensations and build up representations of the world in their minds.
d. People's perceptual system can select from the rich information that the environment itself provides

Answers

D) people’s perceptual system can select from the rich information that the environment itself provides

in 1985, the federal government stopped enforcing the , arguing that it was no longer necessary due to the increasing number of television and radio stations. a. net neutrality b. fairness doctrine c. equal time rule d. right of rebuttal

Answers

In 1985, the federal government stopped enforcing the fairness doctrine, arguing that it was no longer necessary due to the increasing number of television and radio stations.

The fairness doctrine was a Federal Communications Commission (FCC) communications directive that mandated licenced radio and television broadcasters to provide fair and balanced coverage of contentious issues that were important to their communities, including by giving opposing candidates for public office the same amount of airtime.

The Radio Act (1927), which restricted radio broadcasting to licenced broadcasters but required that the licensees fulfill the public interest, is where the fairness theory first emerged. The FCC, however, came to the conclusion that the doctrine had a "chilling impact" on free speech in 1985. Around that time, cable and satellite television network representatives contested the doctrine's applicability to their respective sectors.

The correct answer is option b.

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Why did the government adopt a laissez-faire policy toward business during this time?.

Answers

The government adopted a laissez-faire policy towards business during this time because of commercial freedom.

The laissez-faire has as one of the most important traits to be a commercial enterprise society, unbiased of the hobby that practices. In addition to this, it is far continually taken into consideration as a capital company, this means that that there may be general freedom for shareholders to lower or boom their participation and to promote their shares.

This freedom is some thing appealing for marketers who need to set up amazing commercial enterprise and all these points made government land on that decision of adapting laissez-faire policy.

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Select the correct answer. betty set up an account on a popular social networking website. she wants to know whether the privacy policy is effective for her account. which information should she look for in this document? a. number of pages b. information needed to log in c. expiration date d. links provided in the document

Answers

The answer for that would be B.

What book are you most thankful for? Why?

Answers

I'm most thankful for Homosapiens books series as it describes the evolution of human being over the time.

This book tells a brief story about humankind as well as agricultural and scientific revolution. It explains human evolution in a very interesting manner. We also get to know about anthropology with the help of Homosapien.  Agricultural revolution explains how humans found that wheat was most difficult to farm, not economically secure, and not even that nutritious but over the time we developed various practices to make it easy.

If we put this into today's terms, the action of achieving an easier life often results into greater hardships.

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what is a collection of members who will share leadership responsibility for creating a collective identity, achieving mutually defined goals, and fostering innovative thinking?

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Team is a collection of members who will share leadership responsibility for creating a collective identity, achieving mutually defined goals, and fostering innovative thinking.

Leadership , each as a studies area and as a realistic ability, encompasses the potential of an man or woman, institution or organization to "lead", have an effect on or guide other people, teams, or whole corporations. The phrase "leadership" frequently gets considered as a contested term.

“The action of leading a set of human beings or an agency.” that is how the Oxford Dictionary defines leadership. In simple words, management is ready taking risks and difficult the fame quo. Leaders motivate others to attain something new and higher.

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Name three days in your life that you feel especially grateful for.

Answers

I am thankful and grateful for my employment since it keeps me sane during these trying times. My family and home are my foundation, and I am grateful for them. I am appreciative of my pals because they keep me going.

Finally, and most significantly, I am thankful for myself since I am constantly trying to improve. We rely on our family as a crucial support system to give us the crucial love, care, sympathy, and words of kindness. Since no one will know you better than your immediate family, families ought to be there to grateful support you when you need them.

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learning is the acquisition of knowledge, skill, attitudes, or understanding as a result of

Answers

Developing new knowledge, habits, behaviours, abilities, or skills is the act of learning. Instead of a body of factual and procedural information, it could be seen as a process.

Human learning can take place during training, schooling, or career growth. When an observer's behaviour alters as a result of observing the behaviour of a model, this is known as observational learning, also known as social learning theory. The results of a model's behaviour, known as vicarious reinforcement or vicarious punishment, can influence an observer's behaviour. MODEL. For instance, a student may learn in class how to solve a math issue, but this learning may not be immediately obvious.

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The first comprehensive theory of personality focused on unconscious drives and childhood experiences. It was developed by ________.

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The first comprehensive theory of personality focused on unconscious drives and childhood experiences. It was developed by  Sigmund Freud.

Examples of persona can be discovered in how we describe different human beings' tendencies. For instance, "She is beneficent, being concerned, and a bit of a perfectionist," or "they're unswerving and shielding of their friends."

An appropriate answer to a personality query has to encompass sturdy words hiring managers want to hear. Some of these phrases consist of savvy, hazard-taker, observant, active, creative, and prepared. Others include brave, honest, driven, end-result-orientated, wonderful, orderly, methodical, and adventurous, among others.

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