By the Nature of Consumer ________,It Is Reasonable to Treat

question 28

Multiple Choice

By the nature of consumer ________,it is reasonable to treat most of the expenditure on them as a form of saving rather than consumption,which it what it takes in permanent-income and life-cycle models to make the saving ratio ________ with rising income.

• A)nondurables,rise
• B)services,fall
• C)services,rise
• D)durables,rise
• E)durables,fall

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Definitions:

Infrared/Near-Infrared

A spectrum of light and radiation that is not visible to the human eye, adjacent to the red end of the visible spectrum, used in various technologies.

Marketing Stimuli

The planned efforts by companies to influence consumer perception and behavior through various marketing tactics like advertising, promotions, and product placement.

fMRI Scans

Functional magnetic resonance imaging, a technique for measuring and mapping brain activity by detecting changes associated with blood flow.

Chinese Consumers

Individuals in China who purchase goods and services, known for their evolving preferences and increasing purchasing power in the global market.