Question

Maricel’s new job with the federal government provides a comfortable and stable income. She would like to buy a new car now that she has a job; however, maricel hesitates to purchase a new car because she is concerned about how poor economic conditions may affect her position in the future. Maricel lacks _______.

Answer 1

Answer:

Willingness to spend

Maricel now has a new job and has a steady income flow as well. She wants to buy a new car, but is concerned abou how economic conditions may affect her position in the future. Nobody can predict the future, and she has no evidence that there will be poor economic conditions in the future, but is still concerned. This is because she lacks Willingness to Spend.