In a Recession, Consumers Have Less Income to Spend

question 87

Multiple Choice

In a recession, consumers have less income to spend. As a result, if dining out is a normal good, then which of the following would happen to the demand curve for dining out?

• A) The demand curve would shift rightward.
• B) The demand curve would not shift but the price of dining out would fall.
• C) The effect on the demand curve is unknown.
• D) The demand curve would not shift but the price of dining out would rise.
• E) The demand curve would shift leftward.

---

Definitions:

ECG

Electrocardiogram, a medical test that measures the electrical activity of the heart to detect and diagnose various heart conditions.

S-T Segment

A portion of the electrocardiogram (ECG) reading that represents the period between the ventricular depolarization and repolarization, significant in diagnosing myocardial damage.

T Wave

A component of the ECG that represents the repolarization, or recovery, of the ventricles during heartbeats.

Atrioventricular Valves

Valves located between the atria and ventricles of the heart that prevent the backflow of blood during contraction.