Use the Following to Answer the Questions

question 79

Multiple Choice

Use the following to answer the questions.
A new U.S.automobile company,Specialty Motors,was established in 2004.In 2008,a recession caused disposable income to decline,and the annual amount of dollars spent by consumers for automobiles dropped drastically.Specialty Motors faced the problem of trying to determine whether the economy would turn toward prosperity or toward depression.No matter what happened,Specialty Motors was also worried about an impending global steel shortage,which would make a big difference in its future marketing plans.The economy might recover from the recession,but the automobile makers might be forced to ask consumers to curtail consumption just when the hope of a better year was finally in sight.All in all,the future looked dismal for Specialty Motors.
-Refer to Scenario 3.2.The income a consumer would use to purchase a Specialty Motors automobile is considered ____ income.

• A) discretionary
• B) buying power
• C) disposition
• D) consumer spending
• E) comprehensive spending

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Definitions:

School Integration

The process of ending racial segregation in schools, legally mandated by the Supreme Court's Brown v. Board of Education decision in 1954.

Southern States

Refers to the states that are located in the southeastern and south-central regions of the United States, historically known for their distinct cultural, social, and economic characteristics.

Jim Crow

A set of laws and customs in the southern United States enforcing racial segregation and discrimination against African Americans from the late 19th century into the 1960s.

Graduate Schooling

Advanced academic programs beyond an undergraduate degree, leading to a master's or doctoral degree.