Answer:
Option (C) is correct.
Explanation:
Consumer income is one of the main determinant of demand. Consumer income is related with the demand of normal and inferior good.
If there is an increase in the income of a consumer then as a result the demand for a normal good increases and shifts the demand curve rightwards.
If there is a fall in the income of the consumer then as a result the demand for a normal good also decreases and shifts the demand curve leftwards.
Alternatively, the consumer income is inversely related with the demand for inferior goods.
90% sure that your answer is <em>(household production) </em>
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<em>Hope this helps!</em>
Answer: C) the government makes all important
economic decisions.
<span>A centrally planned economy is an
economic system in which the government
makes all important economic decisions rather than leaving them to consumers and businesses.</span>
<span>In these type of economy, prices are
all controlled, the government sets plans, and the economy is handled by bureaucrats. </span>
C. A board of directors :)
Answer with Explanation:
Following are some types of account investments that are better for emergency funds and the return on these investment varies depending upon the risk born by the investors:
- Current Account Investments
- Commodity Investments
- Mutual Funds
If the inflation rate is below the return paid on the current account then it could be a better investment option as the money doesn't loose its value over time.
If the inflation rate is higher than the return paid on the current account then it is better to invest in commodities like gold, petroleum products, etc, that are often termed as speculative investments.
If the investor is risk seeking person, then it is better to invest in mutual funds as the return on such investments is higher because of the higher risk that the investor bears.
