select the correct answer.\n1. an example of discretionary spending is ________.\nnonessential goods and…

select the correct answer.\n1. an example of discretionary spending is ________.\nnonessential goods and services\nmonthly rent\ntransportation\nutilities and food

select the correct answer.\n1. an example of discretionary spending is ________.\nnonessential goods and services\nmonthly rent\ntransportation\nutilities and food

Answer

Brief Explanations:

Discretionary spending refers to non - essential spending that can be adjusted or cut based on personal or budgetary decisions. Nonessential goods and services are not necessary for basic survival or meeting essential obligations, unlike monthly rent (a fixed housing cost), transportation (needed for work or daily life in many cases), and utilities and food (basic necessities).

Answer:

Nonessential goods and services