Demand for a Good Will Always Rise When

question 70

Multiple Choice

Demand for a good will always rise when:

• A) the price of a complementary good falls.
• B) the price of a substitute good falls.
• C) tastes change.
• D) the price of the good falls.

---

Definitions:

Chernobyl

The site of a catastrophic nuclear disaster that occurred on April 26, 1986, in the Soviet Union, now within Ukraine, resulting in severe radioactive contamination.

Nuclear Reactor

A device used to initiate and control a self-sustained nuclear chain reaction, primarily for the generation of electricity.

German Federal Republic

Known as West Germany, a country that existed from 1949 to 1990, created during the post-World War II period and later reunified with East Germany.

Détente

A period of improved relations between the United States and the Soviet Union in the 1970s, marked by the signing of treaties and efforts to reduce tension during the Cold War.