The Objective of the Household Is to

question 202

Multiple Choice

The objective of the household is to

• A)maximize household wealth
• B)own as much land as possible
• C)save as much money as possible
• D)acquire as many goods as possible
• E)maximize utility

---

Definitions:

Case Studies

In-depth investigations of a single person, group, event, or community over time to explore causation in order to find underlying principles.

High Correlation

A statistical measure indicating a strong relationship between two variables, where changes in one variable are closely linked to changes in the second.

Unconscious

Describes the part of the mind that is inaccessible to the conscious mind but that affects behaviors and feelings.

Traits

Enduring characteristics or qualities of an individual's personality that are consistent across different situations.