Asked by
Grace Jones
on Oct 13, 2024
Verified
Statement I.Our suburban lifestyle dictates that most families must spend most of their income on housing and transportation.
Statement II.Some view home ownership as a form of saving.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Suburban Lifestyle
A way of living that typically involves residing in outlying residential areas of cities, often characterized by single-family homes and emphasis on community and family life.
Home Ownership
The state of having legal right and control over a residential property.
- Identify the significance of autonomous consumption and its impact on the economy.
- Recognize the trends and shifts in consumption patterns over time.
Verified Answer
DW
Learning Objectives
- Identify the significance of autonomous consumption and its impact on the economy.
- Recognize the trends and shifts in consumption patterns over time.