Which of the Following Characterizes the Category of Strivers in the Values

question 56

Multiple Choice

Which of the following characterizes the category of strivers in the Values and Lifestyles segments?

• A) They are elderly consumers who are concerned with health issues.
• B) They are impulsive and value novelty and excitement.
• C) They view shopping as a way to demonstrate to others their ability to buy.
• D) They follow routines, and their lives largely center around home, family, and church.

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Definitions:

Say's Law

An economic theory proposing that the production of goods creates its own demand, attributed to the French economist Jean-Baptiste Say.

Recessions

Periods of economic decline lasting at least six months, characterized by decreases in GDP, employment, and consumer spending.

Monetarists

Economists who believe that changes in the money supply have major influences on national output in the short run and the price level over longer periods.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often measured by GDP.