The First Group of Vietnamese Immigrants Described as the 1975-Era

question 22

Multiple Choice

The first group of Vietnamese immigrants described as the 1975-era elite came to Canada,especially to

• A)Quebec.
• B)New Brunswick.
• C)British Columbia.
• D)Ontario.
• E)Newfoundland.

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Definitions:

Normal Goods

Goods for which demand increases when consumer income increases and vice versa.

Income Effect

The change in an individual's consumption resulting from a change in their real income, affecting their purchasing power.

Normal Good

A type of good for which demand increases as the income of individuals or the economy grows.

Substitution Effect

The substitution effect occurs when consumers replace more expensive items with less costly alternatives.