Boyd and Dianne Call earn $100,000 a year. They went deeply into debt after paying $75,000 for their daughter Chelsea’s wedding and $50,000 for their daughter Kaylynne’s sweet sixteen party. Their behavior might best be described by

. ( LO6, 7, 8 )

a) Milton Friedman

b) John Maynard Keynes

c) Bruce Steinberg

d) Thorstein Veblen