When Incomes Are Rising, New SUV Sales Increase While Used

question 159

Multiple Choice

When incomes are rising, new SUV sales increase while used SUV sales decrease. This indicates that

• A)used SUVs and new SUVs are both normal goods.
• B)used SUVs are inferior goods and new SUVs are normal goods.
• C)used SUVs and new SUVs are complements.
• D)used SUVs and new SUVs are substitutes.
• E)used SUVs are normal goods and new SUVs are inferior goods.

---

Definitions:

Life Instinct

, in psychoanalytic theory, represents the drive for survival, propagation, love, and creativity.

Neurotic Impulse

Psychological tendencies or behaviors driven by underlying neurotic patterns, often leading to emotional distress or dysfunction.

Defense Mechanism

Strategies employed by the psyche to protect the individual from psychological distress.

Denial

A defense mechanism in which confrontation with a reality or fact is avoided by denying the existence of the problem or reality.