People who have the same amount of income-but who are in different social classes-tend to spend their income in the same way.

Question

Quizplus · Accepted Answer

While income is a factor in determining spending patterns, social class includes various factors such as education, occupation, and lifestyle that can influence spending behaviors. Therefore, people in different social classes may have different spending priorities and habits, even if they have the same income.

People Who Have the Same Amount of Income-But Who Are