Assume You Are Consuming Two Goods,X and Y

question 42

Multiple Choice

Assume you are consuming two goods,X and Y.Suppose that the money prices for X and Y remain unchanged,but your income increases by 20%.What happens to your consumption of good X?

• A)it stays the same
• B)it increases
• C)it increases or decreases,depending on whether it is normal or inferior
• D)it increases by 20%
• E)it decreases

---

Definitions:

Demeanor

The outward behavior or bearing of a person, indicating their character or mood.

Job Description

A combination of skills and behaviors expected of an employee; effectively fulfill the responsibilities in a designated work position.

Employment Position

A specific role or job title within an organization that outlines duties, responsibilities, and the level of authority.

Internet Job Search

An internet job search refers to the process of using online platforms and resources to find and apply for employment opportunities.