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Questions and Answers
What does discretionary income refer to?
What does discretionary income refer to?
- The amount needed to feel comfortable
- The money households have after meeting their basic needs (correct)
- The beliefs and expectations about the future state
- The psychological meanings associated with money
What are some of the psychological meanings associated with money?
What are some of the psychological meanings associated with money?
- Success and social acceptance
- Security and love
- Freedom and sex appeal
- All of the above (correct)
What does consumer confidence refer to?
What does consumer confidence refer to?
- The wealth gap
- The impact of economic conditions
- The beliefs and expectations about the future state (correct)
- The amount of discretionary income
Which of the following is a factor that influences consumer demand?
Which of the following is a factor that influences consumer demand?
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What is the focus of the text?
What is the focus of the text?
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