The lipstick effect refers to the theory that consumers are more willing to buy relatively cheap luxury goods during economic crises, and in the United States, whenever the economy is depressed, lipstick sales will skyrocket.Because in a recession, people will still have a strong desire to spend, and lipstick as a cheap non-essential, can play a comfort role for consumers.
According to the above definition, which of the followings is consistent with the lipstick effect
Xiao Zhang is thrifty and always buy cheap daily necessities,although his life is relatively rich