Most Specifically,if a Consumer's __________ Increases,s/he Is Able to Take

question 169

Multiple Choice

Most specifically,if a consumer's __________ increases,s/he is able to take advantage of the luxurious vacation travel opportunities offered on the Queen Mary,a cruise liner operated by Cunard and depicted in the ad above.

• A)savings rate
• B)gross income
• C)taxes
• D)discretionary income
• E)disposable income

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Definitions:

Equity Method

An accounting technique used to record investments in other companies, where the investment is accounted for based on the investor’s share of the investee's equity.

Stock Investments

Financial assets consisting of stakes in companies through the purchase of common or preferred stock shares, with the expectation of earning dividends or capital gains.

Net Income

The amount of money that remains after all operating expenses, taxes, and dividends have been paid, representing the company's profit.

Cost Method

An accounting method used to value inventory or assets, based on the price paid to acquire them.