Alina Scores High on Openness to Experience

question 25

Multiple Choice

Alina scores high on openness to experience. She is creative, interested in social activism, and likely to be __________.

• A) organized
• B) politically conservative
• C) politically liberal
• D) deeply religious

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Definitions:

Consumption Bundles

A combination of various goods and services that an individual consumes to derive satisfaction or utility.

Income

The amount of money received over a period of time, typically as payment for work, goods, or investments.

Cost of Living

The amount of money needed to sustain a certain standard of living by affording basic expenses such as housing, food, taxes, and healthcare.

Utility Function

A representation in economics of how a consumer ranks different goods or services, based on the level of satisfaction they provide.