____ tends to be a better predictor of consumption than social class when there are large monetary expenditures.

Question

Quizplus · Accepted Answer

Income tends to be a better predictor of consumption than social class when there are large monetary expenditures. This is because while social class may be indicative of an individual's overall lifestyle and values, their income level has a direct impact on their ability to make large purchases. Therefore, individuals with a higher income are more likely to make larger purchases regardless of their social class, making income a better predictor of consumption in such cases.

____ Tends to Be a Better Predictor of Consumption Than