ECONOMICS (CBSE/UGC NET)

ECONOMICS

BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The spending personality called “The Thinker” is someone who
A
spends money without thinking about consequences
B
chooses not to spend any extra money on wants
C
cares a lot about others and often feels guilty about having more money than others
D
avoids thinking about money at all
Explanation: 

Detailed explanation-1: -People with a “spending” personality type aren’t typically bargain shoppers; they are fashionable and always looking to make a statement. This often means a desire to have the latest and greatest mobile phone, the biggest 4K television, and a beautiful home.

Detailed explanation-2: -The four temperament theory is a proto-psychological theory which suggests that there are four fundamental personality types: sanguine, choleric, melancholic, and phlegmatic.

Detailed explanation-3: -Risk Takers are take big chances when It comes to money. They are Intrigued by the possibility to make more money, even though it Is risker. Risk Takers aren’t worried about the details. They don’t care how an Idea will work out.

Detailed explanation-4: -Spenders. Hey big spender, we’re looking at you! Savers. Savers are the exact opposite of spenders. Shoppers. Much like spenders, shoppers can’t resist spending money. Debtors. Investors. 25-Feb-2022

There is 1 question to complete.