What Do the , , and Tags Have in Common

question 326

Multiple Choice

What do the , , and tags have in common?

• A)They display photographs and other graphics.
• B)They require closing tags.
• C)They require the alt attribute.
• D)They are one-sided tags.

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Definitions:

Extra Income Effect

The change in an individual's consumption choices resulting from a change in real income, due to factors other than a direct income increase.

Endowment

The total resources available to an individual or entity, which can include wealth, assets, or resources in an economic context.

Normal Good

A type of good for which demand increases as the income of individuals increases, holding everything else constant.

Wage Rate

The standard amount of compensation given to employees for services rendered, usually expressed per hour or year.