Autonomous Consumption

question 198

Multiple Choice

Autonomous consumption

• A) increases with income.
• B) is independent of income.
• C) is independent of income and must be equal to zero.
• D) decreases with income.

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Definitions:

Thin Slices

Brief observations of another person's behavior that allow for quick and sometimes accurate judgments about their personality or state.

Personal Attributions

People’s explanations for why events or actions occur that refer to people’s internal characteristics, such as abilities, traits, moods, or efforts.

Trustworthiness

The quality of being reliable, honest, and deserving of trust.

Interest

A feeling of curiosity or concern about something, leading to a desire to learn more or engage with it.