Answer:
D.
Explanation:
A economic model can be used to explain or predict economic phenomena, because every model has to have key variables that command the economic decisions and operations.
An economic model is define to get a specific goal, so when some problem comes, you can study every decision based on the model applied, that 'simplifies' solutions, or even better, you must be able to predict when economic problems will arrive.
A is the answer of these questions you had ask....
Answer:
Savings rates decrease as income increases.
Explanation:
Consumption can be defined as the use of goods and services by the household or end users.
The true and correct statements about consumption are;
1. Wealthy people consume more than other people.
2. Expectations about future prices affect consumption.
3. Tax increases reduce consumption.
The incorrect statement concerning consumption is that, savings rates decrease as income increases because an increase in income generally result in an increase in savings rates.
The fact that Orlando wants to become a certified public accountant means that the career cluster he is in is C. Finance.
<h3>What career cluster is accounting?</h3>
A career in accounting is found in the finance career cluster which deals with other subjects that have to do with financial services.
Apart from accounting, the finance cluster would include things like investment banking, banking, and credit analysis.
Find out more on career clusters at brainly.com/question/24613213.
#SPJ1
