The Discussion of Figure 2

question 81

Multiple Choice

The discussion of Figure 2.2 in the text indicates that quantity demanded for most goods tends to increase as income rises. However, the quantity of bananas demanded in the U.S. tends to decrease as income rises. Under this condition, we expect that an increase in consumer income shifts the demand curve for bananas:

• A) rightward
• B) no shift.
• C) leftward.
• D) upward.

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Definitions:

Narcissistic

Pertaining to a personality trait characterized by excessive self-love, a need for admiration, and a lack of empathy for others.

Spotlight Effect

The tendency to overestimate the extent to which one's actions and appearance are noted by others.

Inferiority Complex

A psychological condition that exists when a person feels inferior to others in some way, leading to lowered self-esteem and confidence.

Weak Superego

A term in Freudian psychoanalysis referring to an underdeveloped superego, which results in difficulty controlling impulses and adhering to societal norms and morals.