Who Made These Statements? "Conspicuous Consumption of Valuable Goods Is

question 230

Multiple Choice

Who made these statements? "Conspicuous consumption of valuable goods is a means of reputability to the gentlemen of leisure." "With the exception of the instinct of self-preservation,the propensity for emulation is probably the strongest and most alert and most persistent of the economic motives proper".

• A)John Maynard Keynes
• B)Milton Friedman
• C)Murray Weidenbaum
• D)Thorstein Veblen
• E)John Kenneth Galbraith

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Definitions:

Good Faith

Acting with honest intent and without intent to defraud or seek unfair advantage.

Default

Failure to fulfill an obligation, especially failure to meet a financial obligation or appear in a legal action.

Time of Attachment

The specific moment at which an interest in property becomes legally enforceable against other parties.

Amount of the Claim

The total sum of money that is being requested or is due in a billing or legal claim.