Which of the Following Statements Is True

question 62

Multiple Choice

Which of the following statements is true?

• A) Leisure is a normal good.
• B) Leisure is an inferior good.
• C) All other things unchanged, an increase in income will decrease the demand for leisure.
• D) The demand for leisure is perfectly inelastic.

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Definitions:

Root Word

The basic part of a word from which derivations and inflections are formed.

Vowel

A letter of the alphabet representing a voiced sound made without any closure or obstruction of the vocal tract.

Wt

Commonly an abbreviation for weight, a measure of the heaviness or mass of an object or individual.

Etiology

The study of the causes or origins of diseases or disorders.