Which of the Following Statements Is True

question 51

Multiple Choice

Which of the following statements is true?

• A) When a change in income causes consumption to change,the consumption-income line shifts;however,when anything besides income changes,we move along the line.
• B) When a change in income causes consumption to change,we move along the consumption-income line;however,when anything besides income changes,the line shifts.
• C) When income or anything else affecting consumption changes,we move along the consumption-income line.
• D) When income or anything else affecting consumption changes,the consumption-income line shifts.
• E) There is no way to determine,without more information,whether a change in income or anything else will shift the consumption line or cause movement along the consumption-income line.

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Definitions:

Clean Water Act

United States federal law aimed at reducing pollution and protecting the nation's waters, including lakes, rivers, and coastal areas.

Industrial Pollution

The release of harmful substances and pollutants into the environment as a result of manufacturing, processing, and production activities in industrial facilities.

Eco-efficiency

The practice of creating more goods and services while using fewer resources and creating less waste and pollution.

Sustainable Value Innovation

The creation of business value through innovations that reduce environmental impact and conserve resources while meeting customer needs.