What is a good approximate amount to have in your emergency fund?

3-6 months of expenses

3-6 days of expenses

3-6 weeks of expenses

3-6 years of expenses

The correct answer is letter "A": 3-6 months of expenses.

Explanation:

It is recommended to have between three (3) to six (6) months of expenses in your emergency funds. That amount of money will help you in the event you are fired from work and are unable to find a similar job position. If the amount accrued could be for up to one (1) year, the situation will be favorable for you. The more of your expenses can be covered while you are not receiving an income, the better.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi