If X Is a Normal Good, a Rise in Money

question 2

Multiple Choice

If X is a normal good, a rise in money income will shift the

• A) supply curve for X to the left.
• B) supply curve for X to the right.
• C) demand curve for X to the left.
• D) demand curve for X to the right.

---

Definitions:

Global

Relating to or encompassing the whole world; involving or affecting the entirety of the Earth.

Regional

Pertaining to or characteristic of a specific geographic area or region, often used to describe businesses, cuisines, languages, or cultures unique to that area.

Economic

Pertaining to the production, distribution, and consumption of goods and services, or the material welfare of humans.

Political

Relating to the government or public affairs of a country.