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Nikitich [7]
3 years ago
15

Faisal and Torie each want to make an investment, but they have different needs. Based on the information, which investment opti

ons would best suit the needs of both Faisal and Torie?
A. Bonds and CDs
B. IRA and mutual fund
C. Stocks and futures
D. Money market and savings accounts

Business
1 answer:
umka21 [38]3 years ago
5 0

The types of investments used by Faisal and Torie are D. Money markets and savings accounts.

Both have the same savings goal, although nominally different.

<h2>Further explanation </h2>

Investment is a term that has several meanings related to finance and economics. This term also relates to the accumulation of assets/property in the form of future income expectations. Sometimes, investment is also commonly referred to as capital investment.

Investment Benefits:

  • Add Assets
  • Meeting Future Needs
  • Saving Lifestyle
  • Avoiding Account Debit Involved

Investment type :

  • Deposit
  • stock
  • Bond
  • Mutual fund
  • Property investment
  • Gold

Learn More

investment, savings, assets brainly.com/question/7162202

benefits and types of investments brainly.com/question/7162202

Details

Class: Middle School

Subject: business

keywords: investment, stocks, savings

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Suppose the cross-price elasticity of demand between goods X and Y is 4. How much would the price of good Y have to change in or
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Answer:

Increase by 5%.

Explanation:

Given that,

cross-price elasticity of demand between goods X and Y = 4

Percentage increase in consumption of good X = 20 %

cross-price elasticity of demand = Percentage change in quantity demanded for good X ÷ Percentage change in price of good Y

4 = 20 ÷ Percentage change in price of good Y

Percentage change in price of good Y = 20 ÷ 4

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Therefore, the price of good Y must be increase by 5% in order to increase the consumption of good X by 20 percent.

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3 years ago
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