Question

select the correct answer.

1. an example of discretionary spending is ______.

utilities and food
transportation
monthly rent
nonessential goods and services

Explanation:

Discretionary spending refers to expenses that are not essential for basic living, like nonessential goods and services. Utilities, food, transportation (if essential), and monthly rent are essential or fixed costs, not discretionary.

Answer:

D. Nonessential goods and services