Mr.and Mrs.Smith earn a total of $75,000 a year and went deeply in debt to throw their daughter a $100,000 wedding.Their behavior might best be described by

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Thorstein Veblen is known for his theory of conspicuous consumption, which suggests that people often buy luxury goods and services to display their social status rather than out of practical necessity. The Smiths' decision to go deeply in debt for their daughter's wedding could be seen as an example of conspicuous consumption, making D the best choice. Friedman and Keynes are known for their economic theories, which do not directly apply to the scenario given. Bruce Steinberg is an economist known for his work on labor economics, not consumer behavior.

MrAnd MrsSmith Earn a Total of $75,000 a Year and Went