In Each of the Sentences Below, Select the Letter for the Word

question 17

Multiple Choice

In each of the sentences below, select the letter for the word that most exactly and vividly completes the sentence. After lying to his best friend about the business deal, James felt ____.

• A) remorse
• B) a kind of sadness
• C) bad feelings

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Definitions:

Consumption

The use of goods and services by households or individuals, typically relating to spending on products and services.

Permanent Income Hypothesis

A theory suggesting that a person's consumption at a point in time is determined not just by their current income but by their longer-term income expectations.

Consumer Binge

A period characterized by excessive spending and consumption by consumers.

Bank Credit Cards

Financial instruments issued by banks that allow holders to borrow funds up to a predetermined limit for purchases or cash withdrawals.