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Suppose a Curve Shows That Every Time Family Income Increases

question 27

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Suppose a curve shows that every time family income increases by $1,spending increases by $.75.If family income increases by $500,then spending will increase by


Definitions:

Attitude-Behavior Consistency

The degree to which a person's attitudes (feelings and beliefs) are reflected in their behaviors or actions.

Behavioral Intention

The motivational factors that predict an individual’s planned actions or behaviors, influenced by attitudes and perceptions.

Increases

The action of becoming or making something larger or more in quantity, size, or degree.

Behavioral Intention

The likelihood that a person will perform a given behavior based on their attitude and beliefs towards that behavior.

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