Which of the Following Will NOT Cause a Rightward Shift

question 80

Multiple Choice

Which of the following will NOT cause a rightward shift in the demand curve for beer?

• A) A change in the price of beer
• B) A health study indicating positive health benefits of moderate beer consumption
• C) An increase in the price of French wine (a substitute)
• D) A decrease in the price of potato chips (a complement)
• E) none of the above

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Definitions:

Normative Statement

A proposition that expresses a value judgment or opinion about what ought to be, rather than what is empirically verifiable.

Income Distribution

The way in which total income is shared among the population or different sectors of an economy.

Welfare Recipients

Individuals or families receiving financial assistance or benefits from the government based on need.

Economic Analysis

The systematic approach to examining economic data, models, and theories to understand and predict economic phenomena and inform decisions.