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      Question

      Which product below is likely purchased using

      discretionary income?
      A a new watch Correct Answer Incorrect Answer
      B condo fees Correct Answer Incorrect Answer
      C grocery bill for milk Correct Answer Incorrect Answer
      D a new suit for work Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Discretionary income is used for luxury items such as vacations.

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