Which of the Following Has Been the Most Common Consumer

question 83

Multiple Choice

Which of the following has been the most common consumer response to the economic downturn that began in 2008?

• A)spending more on luxury items
• B)discontinuing any spending on luxury items
• C)spending less and choosing products more carefully
• D)spending more on leisure and travel
• E)saving more and spending more on grocery items

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Definitions:

WAIS

The Wechsler Adult Intelligence Scale, an IQ test designed to measure intelligence and cognitive ability in adults and older adolescents.

Predictive Validity

The extent to which a score or measurement can accurately predict future performance or behaviors.

Achievement Test

An exam that measures a person's knowledge or proficiency in a certain area.

Legal Right

An entitlement or permission recognized and enforced by a legal system, allowing an individual to act in a certain way.