Suppose the Price of Wheat Has Fallen from $3 to $2

question 3

Multiple Choice

Suppose the price of wheat has fallen from $3 to $2 per bushel and that the price of newsprint has fallen from $200 to $100 per tonne.The relative price of wheat in terms of newsprint

• A)has fallen.
• B)has risen.
• C)remained constant.
• D)cannot be determined from the above data.
• E)is completely unrelated.

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Definitions:

Compulsions

Actions or thoughts that a person is compelled to repeat due to an obsession, or in response to strict rules that have to be followed precisely.

Compulsion

An irresistible urge to behave in a certain way, especially against one's conscious wishes.

Checking Locks

A behavior often associated with obsessive-compulsive disorder, characterized by the compulsive need to repeatedly check if doors are locked.

Exposure And Response Prevention

Type of therapy in which individuals with anxiety symptoms are exposed repeatedly to the focus of their anxiety but prevented from avoiding it or engaging in compulsive responses to the anxiety.