As a Result of Active,buys Lifestyles,many Consumers Now Spend Less

question 65

True/False

As a result of active,buys lifestyles,many consumers now spend less on material possessions and more on experiences such as vacations,entertainment,and dining out.

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Definitions:

Liabilities

Financial obligations or debts a company owes to external parties.

Certificate Of Deposit

A Certificate of Deposit is a savings certificate with a fixed maturity date and specified fixed interest rate that is issued by commercial banks.

Microsoft Stock

Equity shares representing ownership in Microsoft Corporation, a leading technology company, traded on stock exchanges.

Student Loans

Borrowed funds used to cover education-related expenses that must be repaid, typically with interest, after the student graduates or leaves school.