Which of the Following Is an Example of a Giffen

question 100

Multiple Choice

Which of the following is an example of a Giffen good?

• A)potatoes during the Irish potato famine
• B)rice in the Chinese province of Hunan
• C)fish in Japan
• D)Both a and b are correct.

---

Definitions:

Francis Ferdinand

Archduke of Austria-Este whose assassination in Sarajevo in 1914 sparked the beginning of World War I.

Serbian Nationalist

A supporter of Serbian nationalism, aiming at promoting the cultural, political, or territorial interests of Serbs, often significant in the context of Balkan history.

Greater Serbia

A nationalist concept advocating for the expansion of Serbia to include territories inhabited by ethnic Serbs outside current Serbian borders, historically linked to tensions in the Balkans.

Shell Shock

A psychological condition observed in soldiers during and after World War I, now understood as a form of post-traumatic stress disorder (PTSD).