Buy what u need when u need it not what u want when u want my dad always said
<span>Like its name implies, an irrevocable trust cannot be changed or ended. Grantors who transfer their assets into such a trust are effectively gifting them to it, revoking their ownership of said assets. This trust is often used as a more tax-effective way to protect an estate.</span>
Answer:
A. Innovator
Explanation:
Adopter categories divides consumers into segments based on their willingness to try out a new ideas or product.
There are five groups of adopters:
1. Innovators: Cameron belongs to this group. Innovators are people who adopt new ideas because they are new. They are the first category of people to try out new things.
2. Early adopters: Unlike innovators, these group of consumers are concerned about their reputation in the society. They don't just purchase a product because it is new.
3.Early majority: These group of consumers purchase a product based on the satisfaction or benefits they will get from buying it.
4. Late majority: They are the fourth group to adapt to a product. They are consumers who takes more precautions before buying a new product. They always rely on confirmation from others before they adopt new ideas.
5. Laggards: The fifth and last grout to accept new ideas. They accept new ideas when being coerced to or they see everyone around them has adopted the new idea.
Answer:
1) Household consumption, which accounts for about <u>68%*</u> of the economy, grew at a 4.2% annualized rate during the second quarter of 2016.
*Data obtained from federal government sources.
2) Since household/consumer spending (consumption) represents almost 70% of the nation's GDP, any change will cause a major change in the total GDP. E.g. if consumption increases by 5%, then the whole economy will grow by 5% x 68% = 3.4%.
