The Ability to Put Yourself in Someone Else's Shoes and to Feel

question 42

Multiple Choice

The ability to put yourself in someone else's shoes and to feel with that person is known as _____.

• A) common sense
• B) professionalism
• C) intuition
• D) empathy
• E) sympathy

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Definitions:

Consumption Function

An economic formula representing how consumer spending is related to various factors, including income levels.

Personal Saving

Personal saving is the portion of personal income that is not expended on consumption or taxes and is instead saved for future use.

Total Saving

The sum of personal savings, plus business savings (undistributed corporate profits), and government surplus in an economy.

Disposable Income

Financial reserves allocated for households for expenditures and savings following income tax reductions.