The lower the interest rate, the more willing people are to borrow money to make big purchases, such as houses or cars. When consumers pay less in interest, this gives them more money to spend, which can create a ripple effect of increased spending throughout the economy
Answer: 2. her limited income
Explanation:
A budget is primarily affected by income. Rachel has set a budget below $1,500 because that is the amount she can comfortably pay for her new apartment.
Lack of amenities refers to conditions in the house, such as bathroom fittings or its surroundings such as markets not meeting her requirement.
If she is foregoing the apartment due to design preferences, she does not find the structure of the house or some part of the house visually appealing
From the question, she likes the location and the design. The only problem is that the rent is above her budget.
Answer:
Water because it's a neccessity
Explanation:
All neccessaties have inelastic demand because humans can't live without them.
The other goods are luxuries and they have elastic demand. they are wants