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Conspicuous consumption refers to:
a. the increasing expenditure on consumer durables when the stock of consumer durables held by consumers is low.
b. the increase in consumption brought on by an expected increase in inflation.
c. expenditure on high-ticket items and status symbols to reflect one's status or wealth.
d. the ability of the wealthy both to consume more and save more than poorer classes.
21st century insurance offers mail-order auto mobile insurance to preferred risk drivers in the Los Angeles area.
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Labor turnover during periods of economic expansion is largely the result of:
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