Spending on Which of the Following Would Be Considered Discretionary

question 51

Multiple Choice

Spending on which of the following would be considered discretionary?

• A) healthcare
• B) housing
• C) furniture
• D) clothing
• E) transportation

Realize the impact of monetary policy on financial markets and institutions, including during historical events like the Great Depression.

Recognize the significance of interest rate ceilings and their impact on the banking sector and depositors.

Distinguish between different types of banks and financial institutions within the banking system.

Understand the concept and components of the global commodity chain.

---

Definitions:

Fixed-ratio Schedule

A schedule of reinforcement where a response is reinforced only after a specified number of responses have been made.

Reinforcement

In behavioral psychology, a process in which a behavior is strengthened or made more likely to occur again by rewarding it or providing a positive stimulus.

Fixed Number

A quantity that remains constant and does not change or vary in a given context.

Varying Amounts

Different quantities or measures of something without a fixed or exact number.