Page 16 - Economic Outlook Romania 2019
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Ways to spend money according to M. Friedman
High concern for price
2. Spend your own money on 1. Spend your own money on
somebody else (various gifts) yourself (family car)
Low concern for quality High concern for quality
4. Spend somebody else’s money 3. Spend somebody else’s money
on somebody else (government?) on yourself (expense account)
Low concern for price
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