Social class tends to be a better predictor of consumption than income when:
A. Income is high.
B. Income is low.
C. It reflects lifestyles and values.
D. It involves large monetary expenditures.
Answer: C
Social class tends to be a better predictor of consumption than income when:
A. Income is high.
B. Income is low.
C. It reflects lifestyles and values.
D. It involves large monetary expenditures.