Consumer Behaviour Study Set 4

Business

Quiz 12 :

Income, Social Class, and Family Structure

Quiz 12 :

Income, Social Class, and Family Structure

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Consumer demand for goods and services depends on:
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C

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Because consumer beliefs about what the future holds is such an important determinant of how much they will pump into the economy when making discretionary purchases, many companies take forecasts about intended spending seriously and have surveys conducted to measure:
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A

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Canada is the only G7 nation to have fully recovered in terms of employment and GDP. This has been attributed to:
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C

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What are status symbols and what role do they play in a consumer context?
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What is generally true of consumers in a recession?
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Spending on ________ can make people happier than spending on ________.
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Which field of research is concerned with the human side of economic decisions?
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Which statement reflects the average Canadian's standard of living?
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Products that are bought and displayed as markers of social class are called:
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Nearly half the world's population survives on what amount per day?
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What is discretionary income?
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Which is the fastest-growing segment of working people and what impact are they having?
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Victor wanted to be able to show Marilyn's parents that he had some money, too, so he wore his best Italian suit and his TAG Heuer watch. They were Victor's way of advertising his achievements. Products used in this way are called:
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Consumer confidence refers to how sure consumers feel about their being able to make the right product and brand choices.
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In 2016, the proportion of Canadian adults aged 25 through 64 who had a college diploma or a university degree was:
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Which is the best description of discretionary income?
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Which of the following is true regarding spendthrifts and tightwads?
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According to the Conference Board of Canada, one factor that appears to dampen consumer confidence is:
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The reason that people with more money tend to be happier than those with less money is because they:
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The money available to a household over and above that required for a comfortable standard of living is termed:
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