Ren Loves to Go to the Movies, and He Just

question 30

Multiple Choice

Ren loves to go to the movies, and he just learned that he can buy a ticket at a discounted price using his student ID. Ren now sees movies at the theater even more frequently. The change in Ren's behavior would be shown graphically by a:

• A) rightward shift in his demand curve.
• B) leftward shift in his demand curve.
• C) movement down along his demand curve.
• D) movement up along his demand curve.

---

Definitions:

Beta Coefficient

An index of a stock's fluctuation compared to the broader market, signifying its comparative risk.

Negative Beta

A measure indicating that an investment's returns are expected to move in the opposite direction of the overall market returns.

Treasury Bills

Short-term government securities with maturity periods typically less than one year, considered low-risk investments.

Long Bonds

Bonds with maturities typically longer than 10 years, often used to lock in interest rates.