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Mindlessness Occurs When We Make Decisions Out of Habit Without

question 151

True/False

Mindlessness occurs when we make decisions out of habit without stopping to analyze why.


Definitions:

Nondurable Goods

Items that are consumed or are only useable for a short period before they need replacement due to wear or consumption.

Services

Tasks or activities performed by individuals or companies for the benefit of others, typically in exchange for payment, and are intangible in nature.

Disposable Income

Funding available to households for their spending and saving plans post income tax cuts.

Savings

The portion of income that is not spent on consumption but set aside for future use, often in a bank account or investment vehicle.

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