Which of the Following Actions Would Increase the Consumption Spending

question 76

Multiple Choice

Which of the following actions would increase the consumption spending component of the gross domestic product (GDP) ?

• A)Ann cooking dinner for Tim instead of going out
• B)Ann and Tim buying a used microwave oven
• C)Ann and Tim buying vegetables to prepare soup at home
• D)Tim buying Ann a dress
• E)Tim and Ann painting the garage themselves

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Definitions:

Psychographic

Psychographic refers to the method of segmenting markets on the basis of the personality, values, opinions, attitudes, interests, and lifestyles of consumers.