If a 4 Percent Decrease in Income (At a Constant

question 57

Multiple Choice

If a 4 percent decrease in income (at a constant price) results in a 2 percent decrease in the consumption of dweedles then

• A)the income elasticity of demand for dweedles is negative.
• B)dweedles are a necessity and a normal good.
• C)dweedles are a luxury and a normal good.
• D)dweedles are an inferior good.
• E)both A and D.

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Definitions:

Cranial Cavity

The space within the skull that houses the brain, part of the dorsal body cavity.

Vertebral Canal

The cylindrical space within the vertebral column that houses and protects the spinal cord.

Lateral

Positioned on or directed towards the side; relating to the sides of an organism or structure.

Midline

An imaginary line drawn vertically through the middle of the body, dividing it into right and left halves.