Answer & Explanation:
Modiglani's Life cycle Hypothesis depicts spending & consumption pattern of people, in order to stabilise / or smoothen their consumprtion. The theory has following phases :
- Early (Non Working) Age, Low Income stage : Borrowings are done, to cover up for lack of income that yields desirable stable consumption level.
- Youth, Earning (Working) Age : Savings are done, through surplus of income level over desirable stable consumption level.
- Old, Post retirement (Non working age) : Dissavings are done, funds from previous savings are used to cover for lack of income that yields desirable stable consumption level.
Implication rate for entire economy saving rate : It implies that economy's savings rate is high, if more population comprises of middle aged working population.
<span>C)<span>Specialization leads to interdependence.</span></span>
Answer:
C) dual processing
Explanation:
Dual processing is the psychological ability of a person to do two things at once. One of them is usually automatic while the other is concious.
In this instance recognising the color and naming it is concious, while the unconscious action is taking note of the shape.
Concious actions can easily be changed through education and training. But the automatic or impulsive action takes a longer time before behaviour change takes place.
Answer:
It is an example of variety diversity
Explanation:
Variety diversity is the term which is defined as the team that involves or comprise of the marketing professional, specialist, head of advertising department, legal expert and advertising professional.
In this case, when the employees assigned important advertising account, then they make sure that the team comprise of different kind of expertise which could help in generating the creative ideas. Therefore, it is example of variety diversity.
