The level of economic stability
The level of infrastructural development
The state of technical knowledge
write a note on determinates of income elasticity of demand
Income and taxes
the national income is that by the means of national income v can know that how much the income of country and v can find the national income dedact the all rents allowences paymants salaries and wages
The urgency of need, the availability of adequate substitutes, and the amount of income required to buy the item
importance of national income.
determinants of savings in nigeria
write a note on determinates of income elasticity of demand
Income, Substitutes, complementary goods, tastes and preferences are some of the non-price determinants of demand.
Income, Substitutes, complementary goods, tastes and preferences are some of the non-price determinants of demand.
There are following non-income determinants 1.wealth 2.Expenditure 3.Investment 4.House-hold debts 5.Interest rate
income wealth status power these are the some determinants of social class. (syed ahtisham hussain b.s english)
Incomes and prices are seen as consumption's two major determinants. The determinants are as follows 1) Current disposable income 2) Relative income 3) Life cycle income 4) Wealth 5) Price Level 6) Rate of Interest 7) Expected future income 8) Others: advertisement, social safety-net, availability or scarcity of loan, geographical location, weather etc.
when i mean determinants of savings in nigeria i need anwers like: income of individuals, interest rate on savings, family size govt policy etc..............
Income and taxes
the national income is that by the means of national income v can know that how much the income of country and v can find the national income dedact the all rents allowences paymants salaries and wages
bcoz its national income
Objective determinants of consumption include factors such as income, prices, and interest rates that impact how much individuals can afford to spend. Subjective determinants of consumption involve personal preferences, tastes, and attitudes towards saving and spending that influence consumer behavior. Both types of determinants interact to shape overall consumption levels in an economy.