Responses
reluctance for taking chances when making investments
reluctance for taking chances when making investments
weighing the extra costs and benefits of one more unit
weighing the extra costs and benefits of one more unit
the personal satisfaction gained from consumption
the personal satisfaction gained from consumption
buying goods according to what one want or needs
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The best description of discretionary spending is:
buying goods according to what one wants or needs.
Discretionary spending refers to non-essential expenses that are made after necessary bills and obligations are paid. It includes spending on things like entertainment, hobbies, dining out, and other personal choices.
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