Jeff Bloom Wants to Have a House Just Like the One

question 47

Multiple Choice

Jeff Bloom wants to have a house just like the one his parents had when he was a teenager. He finds the house he wants and gets an interest-only loan on it for the first five years. Which one of the answers best explains Jeff's spending?

• A) Misunderstanding or lack of communication
• B) The use of money to punish
• C) The expectation of instant comfort
• D) Keeping up with the Joneses
• E) Overindulgence of children

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Definitions:

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