Question ID:PT45 S1 Q1 Passage:The obsession of economists with consumption as a measure of economic well-being has prevented us from understanding the true nature of economic well-being.  We get very little satisfaction out of the fact that our clothing wears out, our automobiles depreciate, and the gasoline in our tanks burns up and must be replaced. Stem:The author is arguing that Correct Answer Choice:AChoice A:economic well-being cannot be defined solely in terms of consumption Choice B:satisfaction is possible without consumption Choice C:valid measures of consumption cannot be devised Choice D:modern products are designed for early obsolescence Choice E:satisfaction can provide an adequate quantitative measure of economic well-being