Why do consumers have to make choices when spending their income

Answers

Answer 1

Answer:

They have to make choices because:

Generally, consumers are trying to get the most for their limited budget so must make wise choices to get the most out of their income.To be able to get the best-quality goods to suit their preference when buying.To avoid impulse buying.To avoid wastage of money due to impulse buying & improper planning.To get maximum number of items when buying,despite price increase.

Related Questions

Government debt in the United States can be categorized a number of different ways. For each debt definition, please indicate all of the scenarios which match that type of debt.
1. The national debt includes Treasury bonds bought by
- the government of China.
- a citizen of Germany.
- First National Bank of Dallas.
- the Social Security Administration.
- a little old lady in Peoria.

2. The public debt includes Treasury bonds bought by
- First National Bank of Dallas.
- the government of China.
- a citizen of Germany.
- a little old lady in Peoria.
- the Social Security Administration.

3. Internally held debt includes bonds owned by
- the Social Security Administration.
- First National Bank of Dallas.
- the government of China.
- a citizen of Germany.
- a little old lady in Peoria.

4. Externally held debt includes bonds owned by
- the Social Security Administration.
- First National Bank of Dallas.
- the government of China.
- a citizen of Germany.
- a little old lady in Peoria.

Answers

Answer:

1. The national debt includes Treasury bonds bought by

✓ the government of China.

✓ a citizen of Germany.

✓ First National Bank of Dallas.

✓ the Social Security Administration.

✓ a little old lady in Peoria.

2. The public debt includes Treasury bonds bought by

✓ First National Bank of Dallas.

✓ the government of China.

✓ a citizen of Germany.

✓ a little old lady in Peoria.

✗ the Social Security Administration.

3. Internally held debt includes bonds owned by

✗ the Social Security Administration.

✓ First National Bank of Dallas.

✗ the government of China.

✗ a citizen of Germany.

✓ a little old lady in Peoria.

4. Externally held debt includes bonds owned by

✗ the Social Security Administration.

✗ First National Bank of Dallas.

✓ the government of China.

✓ a citizen of Germany.

✗ a little old lady in Peoria.

Explanation:

The national debt is everything the U.S. government owes, so all of these bonds are part of the national debt.

The public debt is everything the U.S. government owes to anyone besides a U.S. government agency. So, the bonds bought by the Social Security Administration are not part of the public debt, but everything else is. The public debt can be divided into the part owed to U.S. citizens and firms and the part owed to anyone outside the United States.

The internally held debt includes bonds bought by U.S. firms (the First National Bank of Dallas) and citizens (the little old lady in Peoria). The bonds bought by the Social Security Administration are not part of the internally held debt because they are not part of the public debt.

The externally held debt is the part owned by foreigners, whether firms, individuals (the citizen of Germany), or governments (the government of China).

analyse how limitations to the right to freedom of expression of the media may assist in promoting public safety​

Answers

Answer:

Limitations to the right to freedom of expression .will in the long run not promote public safety

Explanation:

The media always needs freedom of expression, the same as the everybody. The only time limitations on freedom of speech are helpful is when such "speech" can be classified as harmful to anybody regardless of their beliefs, race, gender, or age.

Limitations to the right to freedom of expression of the media might assist in promoting public safety​ due to the removal of fake news.

What is fake news?

Fake news is a term used to denote false news that may distract or confuse people who are the public.

Fake news may be eliminated by limiting expression in communication media, but this issue is controversial.

In conclusion, limitations to the right to freedom of expression of the media might assist in promoting public safety​ due to the removal of fake news.

Learn more about fake news here:

https://brainly.com/question/7080811

#SPJ2

Classify the events according to their impact on aggregate demand (AD).

1. A dramatic decline in the average price of houses will _____________.
2. Increased concern that a recession is looming will _____________.
3. An announcement by the central bank to maintain its existing monetary policy will _____________.
4. A reduction in government spending will _____________.
5. A dramatic improvement in the stock market, causing investors' wealth to rise, will _____________.
6. A recession occurring in a trading partner's economy will _____________.
7. An increase in income tax rates on individuals earning more than $450,000 per year will _____________.

WORD BANK
not change AD.
increase AD.
decrease AD.

Answers

Answer:

1. decrease AD.

2. decrease AD.

3. not change AD.

4. decrease AD.

5. increase AD.

6. decrease AD.

7. decrease AD.

Explanation:

Aggregate demand (AD) measures the total amount of spending that occurs in an economy and can be segmented into consumption spending, government spending, investment spending, and net exports. A key principle in this example is that AD increases when there are increases to any of these individual components of AD and decreases when the individual components decrease.

Several of the events in this example describe direct changes in the components of AD:

    - A reduction in government spending leads to a decline in AD as it is associated with fewer goods and services being purchased.

    - An increase in tax rates reduces disposable income and therefore causes consumption spending to decline.

    - When recessions occur abroad, foreigners purchase fewer imported items. (e.g., a recession in Europe means that American firms will export less to Europe.) Thus, net exports decline as trading partners experience recessions, which causes AD to fall.

    - Consumer confidence also impacts spending in that people are more inclined to make purchases when feeling optimistic and more inclined to save when feeling concerned about the economy.

    - Wealth is another factor that affects AD. People buy more goods and services when they have more wealth and vice versa. Therefore, an increase in wealth associated with rising stock prices increases AD, whereas falling wealth from declining housing prices reduces AD.

    - Changes in the money supply also can lead to AD shifts. When the money supply grows more rapidly, there are increases in spending and the AD shifts to the right, and vice versa. In this example, growth in the money supply is said to be stable, implying that AD will neither increase nor decrease.

High Power Distance Index countries are more egalitarian than low Power Distance Index countries. Group of answer choices True False

Answers

It is a false statement that the High Power Distance Index countries are more egalitarian than low Power Distance Index countries.

What is the difference between the two countries?

A High Power Distance country have a culture that gives great deference to a person of authority while the Low Power Distance country have a culture that values the equal treatment of everyone.

Hence, it is false that the High Power Distance Index countries are more egalitarian than low Power Distance Index countries because both country priotize people having a equal rights and opportunities.

Read more about Distance country

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The table shows the cost of a fixed basket of goods that a typical urban consumer would buy in the economy of Kindleberger. The base period for the consumer price index (CPI) is the year 2000. Please specify answers to two decimal places.

CPI for 2000: ___________
CPI for 2011: ___________
CPI for 2012: ___________

Answers

Answer:

CPI in 2000 = 100

CPI in 2001 = 132.53

CPI in 2002 = 186.14

Explanation:

Cost of a basket of goods in the base year (2000) = $4,150.

So, CPI in 2000 = Cost of basket in 2000 * 100 / Cost of basket of goods in base year

= 4150* 100 / 4150

CPI in 2000 = 100

CPI in 2001 = Cost of basket in 2001* 100 / Cost of basket of goods in base year

= 5500 * 100 / 4150

CPI in 2001 = 132.53

CPI in 2002 = Cost of basket in 2001* 100 / Cost of basket of goods in base year

= 7725* 100 / 4150

CPI in 2002 = 186.14

should indiviual freedoms be sacrieced in the name of the national security

Answers

Answer:

Freedom should not be sacrificed in the name of national security.

Explanation:

What animals drink through their skin?

Answers

answer

this lizard can drink water from sand through its feet & back

Answer:

While there are other kinds of animal species around the world that can collect water through their skin, the thorn devil is the only known species that can actually channel that water directly to their mouths for drinking. and toads

A problem or decision facing a group of people two words.

Answers

Dividing responsibilities is a problem or a decision that two people may have to face.

What does it mean to divide responsibilities?

This is a way of assigning duties or tasks in between two people that are faced with equal duties.

This may lead to a problem on how the work would be delegated between them and also how to go about the tasks.

Read more on responsibilities here: https://brainly.com/question/551405

Having an attitude of respect can help us
in all of the following ways EXCEPT:
A. change how we view ourselves
B. change how we view others
C. allow us to judge ourselves
D. change how we act towards others

Answers

Answer:

Allow us the judge ourselves

Explanation:

When you respect yourself the judgement you feel towards yourself decreases. you can respect other people for who they are but you also respect yourself.

d. change how we act towards others

How many MMDA's are there in Ghana.

Answers

Answer:

261 local metropolitan, municipal and district assemblies in Ghana

describe the significance of RBI​

Answers

Answer:

The RBI acts as a regulator and supervisor of the overall financial system. This injects public confidence into the national financial system, protects interest rates, and provides positive banking alternatives to the public. Finally, the RBI acts as the issuer of national currency.

Explanation:

recommend five significant roles the media could play in combating fraud and corruption in south africa

Answers

There are certain ways in which the media can play a vital role in combating fraud and corruption from a country.

What is Corruption?

Corruption is the dishonest act by an individual which results in gain for the individual but is a loss for the public at large who have appointed the individual.

The media can do the following to help combat corruption and fraud from South Africa.

Include law segments in shows to educate citizens about the causes of fraud and corruptionDefining the punishment of such offencesEncourage healthy earnings methodsBig headlines for punishment recorded againt the frausterShow positive image of the country

Learn more about fraud at https://brainly.com/question/26382664

All the planets in our solar system have more or less the same–

Answers

Answer:

As Morbidelli notes, most planetary scientists agree that the planets in our solar system had similar origins as small rocks orbiting the sun, comprising the protoplanetary disk, which collided and fused, creating increasingly larger rocks that eventually became protoplanets.

Explanation:

Answer:

except for pluto

Explanation:

In 2006 pluto was named a dwarf planet and is now forced to sit at the kids table during planet thanksgiving

Classify each of the given events according to the category that best describes how it affects the equilibrium interest rate in the market for loanable funds.

Increases the interest rate
Decreases the interest rate

An investment tax credit
An increase in large investments
An decrease in investor optimism
An increase in savings

Answers

Answer:

Increases the interest rate:
    - An investment tax credit
    - An increase in large investments

Decreases the interest rate:
    - A decrease in investor optimism
    - An increase in savings

Explanation:

Changes in investments affect the demand to borrow. In particular, an increase of large investments shifts the demand to borrow curve to the right. As a result, the equilibrium interest rate will be higher.

An investment tax credit will also shift the demand curve to the right and increase the equilibrium interest rate.

A decrease in investor optimism will decrease the demand to borrow. This will shift the demand curve to the left and decrease the equilibrium interest rate.

An increase in savings affects the supply of savings by shifting the supply of savings to the right. As a result, the equilibrium interest rate will decrease.

how can school assist the community to address substance abuse

Answers

Answer:

Schools may adopt a variety of alternatives to testing to address the issue of substance abuse including offering after school programs, incorporating life skills training into drug education curricula, helping parents become better informed, providing counseling, identifying problem behaviors for early intervention, and promptly referring students to health care professionals for assessment and intervention.

Explanation:

hope this helps


Which of the following is not one of the more recent cultural themes in the US?
O Belief in the effectiveness of scientific and empirical knowledge
O Decreasing consideration for other's needs
O Increasing toleration of cultural diversity

Answers

The answer choice which is not one of the more recent cultural themes in the US is Decreasing consideration for other's needs

What is a Cultural?

This refers to the way of life of a particular people and the given values they have that is unique to them.

Hence, we can see that based on the current cultural clime in the United States, there has been an increase in tolerance for diversity in both cultures and personal beliefs so a reduction in the consideration for others needs is the correct answer.

Read more about culture here:
https://brainly.com/question/1879905

i think therefore i am?

Answers

'I THINK THEREFORE, I AM'A CERTAIN CONCLUSION WHEN SURROUNDED BY DOUBT.

these words are said by "Rene Descartes "

basically, i can think i know and i know what is real to me, therefore I am real in the reality i am put in

How's the weather in your hometown this evening?

Answers

Today’s a bit cloudy but the next few days are gonna be partly cloudy and sunny.

5. Look at the source and answer the question

This Invention most likely allowed the ancient Egyptians to

A. spread Egyptian culture across long-distance trade networks.

B. create a permanent record of Egyptian history and literature,

G. "use maps to travel throughout Egyptian territory.

D. increase the number of schools available for the Egyptian people.

Answers

B. Create a permanent record of Egyptian history and literature

Which of the following contributed to the formation of feudalism?

Answers

Answer:

The major causes of feudalism were political changes in England, a terrible disease and a long series of wars.

The Confederate general who became famous for his strategy and courage at the First Battle of Bull Run was
A.) George McClellan.
B.) Robert E. Lee.
C.) Joseph Hker.
D.) Thomas “Stonewall” Jackson.

Answers

Answer:

the answer is D Thomas "Stonewall" Jackson

Which of the statements clearly demonstrates that total factor productivity is increasing? Assume the aggregate production function is upward sloping and exhibits diminishing returns.

Real GDP per worker grows at the same rate as human capital per worker.

Physical capital per capita, human capital per capita, and real GDP per capita remain constant.

The size of the labor force falls due to emigration which leads to a decrease in real GDP and human capital per worker. Real GDP per worker remains unchanged and physical capital per worker increases.

Physical capital per worker and human capital per worker decrease, but real GDP per worker remains unchanged.

Answers

Answer:

Physical capital per worker and human capital per worker decrease, but real GDP per worker remains unchanged.

Explanation:

Total factor productivity, or technological progress, is attributed to changes in output per worker after accounting for changes in physical and human capital per worker. Total factor productivity rises if human capital and physical capital remain unchanged but GDP per worker rises. Similarly, if physical and human capital per worker fall but real GDP per worker remains constant, total factor productivity must have increased. Otherwise, a reduction in both would have led to a reduction in real GDP per worker.

If all factors of production remain constant and GDP does not change, total factor productivity must be unchanging as well.

If real GDP per worker rises at the same rate as human capital per worker, total factor productivity must be unchanging.

The scenario with emigration has countervailing forces since physical capital per worker increases while human capital per worker has fallen so that it is impossible to tell whether the stability of real GDP per worker is due to increases in total factor productivity.

How do you understand the formation of the personal identity?
- The Mind Criterion
-The Body Criterion
-The Memory/Character continuum

Answers

Answer:

dentity formation has to do with the complex manner in which human beings establish a unique view of self and is characterized by continuity and inner unity. It is therefore highly related to terms such as the self, self-concept, values, and personality development.

Explanation:

dentity formation has to do with the complex manner in which human beings establish a unique view of self and is characterized by continuity and inner unity. It is therefore highly related to terms such as the self, self-concept, values, and personality development.

The graphs illustrate an initial equilibrium for some economy. Suppose that the economy experiences a rise in aggregate demand. Use the graphs to illustrate the new positions of AD, SRAS, and LRAS as well as the new short‑run and long‑run equilibria resulting from this change.

Answers

Answer:

*see image*

Explanation:

For the long-run graph, the aggregate demand increase looks the same as on the short‑run graph. The SRAS curve, however, shifts such that it intersects the aggregate demand curve and LRAS curve at the same point.

As was the case in the short run, the LRAS curve itself does not move. The equilibrium points are the intersection of aggregate demand, SRAS, and LRAS. If these three do not intersect at the same point, then the graph does not represent the long run.

Basically: In the short run, increase in aggregate demand will shift AD curve rightward to AD1, intersecting SRAS at point A with price level P1 and real GDP Y1. In the long run, higher price level raises cost of inputs and firms lower production and output, decreasing aggregate supply. SRAS shifts left to SRAS1, intersecting AD1 at point B with price level P2 and real GDP Y0.

5. How long is a term in the Senate?
6. What does the Senate do?

Answers

Answer:

A term in the senate term is 6 years. The senate Senators, along with members of the House of Representatives, propose, and vote on federal legislation  Senators provide advice and consent on executive nominations and treaties and conduct oversight of all branches of the federal government. (some of that is from wikipedia but i did put it in my own words)

What happened to thousands of Jewish men as a result of Kristallnacht? They lost their status as citizens of Germany. They were arrested and sent to concentration camps. They rebuilt their businesses and reopened factories. They left the cities to live in greater safety in rural areas.

Answers

Answer:

Your answer would be:
B.) They were arrested and sent to concentration camps


From November 9 to November 10, 1938, in an incident known as Kristallnacht; Nazis in Germany torched synagogues, vandalized Jewish homes, schools, and businesses, and killed close to 100 Jews. In the aftermath of Kristallnacht, also called the Night of Broken Glass; about 30,000 Jewish men were arrested and sent to Nazi concentration camps.





Explanation:

Have a great rest of your day`
#TheWizzer

Print material includes
A. Ads found online
B. Online journals
C. Political talk shows
D. Weblogs

Answers

Answer:

online journals

Explanation:

just bc it's online doesn't mean it's not material, that's the only legit answer

C. Political talk shows
While the other options are still online, they’re typed. A talk show doesn’t have any written material so it isn’t “printed”

(I need an answer pleaseeee!!!) Taking the ideas in a brainstorm and grouping them together is a strategy of the

A. Draft

B. Cluster

C. Mind map

D. Peer review

Answers

Answer: C.

Its not a cluster, peer review, or a draft. Therefore: a mindmap.

A government in which citizens make the decisions is a

Answers

Answer: Direct Democracy

Explanation: Direct democracy, which is also called pure democracy is a democracy in which the decisions are not taken by representatives. All decisions are voted on by the people.

it would be a democracy

What is a third or minor party

Answers

Answer:

The U.S. has a two party system. Democrats and Republicans are the main parties. A third or minor party is a U.S. political party but a smaller one. Hope this helps!

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