christie operates a small cookie business. what type of income does she earn?\nearned income\nunemployment…

christie operates a small cookie business. what type of income does she earn?\nearned income\nunemployment income\ninvestment income\npassive income\n\nquestion 14\n1 pts\nemil borrowed money so he would be able to afford to add a screened - in porch to the back of his house. when he applied for the loan, the rate on the loan was very low based given the current market trends. over the following months, however, the market fluctuated a great deal, and suddenly he was faced with higher rates for the same loan. which type of financial risk did emil face?\nincome risk\ninterest rate risk\npersonal risk\ninflation risk\n\nquestion 15\n1 pts\nyou buy lunch every day of the week at a local cafe. what is most likely true about this purchase?\nthis is a small purchase so it makes no effect on your financial situation\nthis is a small purchase, but it adds up over time to affect your financial situation.\nthis purchase is a necessity because you have to eat lunch every day to survive.\nthere is no other alternative option to making this purchase each day

christie operates a small cookie business. what type of income does she earn?\nearned income\nunemployment income\ninvestment income\npassive income\n\nquestion 14\n1 pts\nemil borrowed money so he would be able to afford to add a screened - in porch to the back of his house. when he applied for the loan, the rate on the loan was very low based given the current market trends. over the following months, however, the market fluctuated a great deal, and suddenly he was faced with higher rates for the same loan. which type of financial risk did emil face?\nincome risk\ninterest rate risk\npersonal risk\ninflation risk\n\nquestion 15\n1 pts\nyou buy lunch every day of the week at a local cafe. what is most likely true about this purchase?\nthis is a small purchase so it makes no effect on your financial situation\nthis is a small purchase, but it adds up over time to affect your financial situation.\nthis purchase is a necessity because you have to eat lunch every day to survive.\nthere is no other alternative option to making this purchase each day

Answer

Brief Explanations:

For the first question, since Christie operates a business and earns from her work - related activities, it is earned income. For the second question, Emil faced changes in loan interest rates due to market fluctuations, which is interest - rate risk. For the third question, buying lunch daily, though a small purchase, accumulates over time and affects the financial situation.

Answer:

Question 13: earned income Question 14: interest rate risk Question 15: This is a small purchase, but it adds up over time to affect your financial situation.