Which of the following statements regarding the current economic environment is​ correct?

Which of the following statements regarding the current economic environment is​ correct?



A. Since consumer incomes and spending are again on the​ rise, companies can now​ de-emphasize value.

B. Consumer spending values now emphasize simpler living and more value for the dollar.

C. Consumers have resigned themselves to lives of deprivation.

D. To reach​ today's frugal​ consumers, marketers should cut prices across the board.

E. Consumers are using their credit cards more frequently and putting less money in the bank.



Answer: B. Consumer spending values now emphasize simpler living and more value for the dollar.


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