1. A main idea of this chapter is that (a) consumer spending is im- portant for the U.S. economy (b) consumers have little to choose from (c) young people are not consumers (d) all consumers spend in the same way. 2. Olga bought a tie for Dad in Parsons' Department Store. In this example, who is the consumer? (a) Olga (b) the salesperson (c) the tiemaker (d) the owner of the store. 3. After the last bell rang, Bob left school, bought some ice cream, rode the bus home, and telephoned Jane. Which of the items that Bob used is a good? (a) bus ride (b) telephone call (c) ice cream (d) education. 4. In some ways, all consumers are alike. This is because all consum- ers (a) have similar tastes and wants (b) share the same religious beliefs (c) are of the same age (d) buy to satisfy their needs