Which Element Does Not Have to Be Present in Order

question 145

Multiple Choice

Which element does not have to be present in order for a rumour to emerge?

• A)anxiety
• B)ambiguity
• C)importance
• D)competition

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Definitions:

Utility Function

A mathematical representation that ranks consumer preferences over a set of goods or services, often leading to an optimal choice.

Consumption

The usage of goods and services by households or individuals, forming a major component of aggregate demand in an economy.

Income

Income refers to the money received by an individual or entity, typically in the form of wages, salaries, or returns from investments, over a specified period of time.

Interest Rate

The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets.