The Smith family always has the latest model of luxury vehicles even though they don't really need new vehicles every year. They also have the latest smartphones, tablets, and e-readers and a wide range of other luxury goods that they often manage to display to others. The Smith family is engaging in
A) conspicuous consumption.
B) counter-austerity.
C) economic posturing.
D) financial reciprocity.
Correct Answer:
Verified
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