The Average Total of Goods and Services Required to Maintain

question 90

Multiple Choice

The average total of goods and services required to maintain a particular standard of living is called ________.

• A)the cost of living
• B)total household expenditure
• C)the cost of fundamental human needs
• D)the cost/price index

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Definitions:

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The mental discomfort experienced by an individual who holds two or more contradictory beliefs, values, or ideas at the same time.

Intermediary Cooperation

The collaboration between intermediaries such as brokers, agents, or distributors in the sales or distribution process of products or services.

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