The general trend of money spent today by consumers has been toward the

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	A.	consumption of more and higher property insurance coverage.
	B.	consumption of more domestic manufactured products.
	C.	purchase of separate goods, such as televisions, for each family member.
	D.	buying of more insurance to safeguard potential bankruptcies of financial institutions.
	E.	purchase of more durable goods, such as washing machines, instead of services.

Expert Solution

E) the recent trend of money spent by the consumer is they are comfortable in purchasing more durable good, such as micro-oven or washing machines etc., instead of services.

Rahul Sunny answered 2 years ago

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The general trend of money spent today by consumers has been toward the

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