Which One of the Following Statements Is Always True of the Substitution

question 86

Multiple Choice

Which one of the following statements is always true of the substitution effect?

• A)It leads to a positive income effect.
• B)It is positive.
• C)It decreases consumption.
• D)It leads to a negative income effect.
• E)It is negative.

---

Definitions:

Ethnicities

Social groups that share a common and distinctive culture, religion, language, or the like.

Blue Marble

A famous photograph of the Earth taken in 1972 by the Apollo 17 crew, symbolizing Earth's fragility and unity.

Circumnavigation

The action or process of sailing or otherwise traveling all the way around the entire planet, continent, or an island.

Urbanization

The process by which towns and cities are formed and become larger as more people begin living and working in central areas.