Which of the Following Is Likely to Shift the Current

question 158

Multiple Choice

Which of the following is likely to shift the current demand curve for a normal good to the right?

• A) a decrease in income if the good is a normal good
• B) an increase in the price of a complementary good
• C) a decrease in the good's price if the good is a normal good
• D) an expectation of a surplus in the future
• E) an expectation of a shortage in the future

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Definitions:

Antianxiety Drug

Medication prescribed to relieve anxiety symptoms, often by affecting neurotransmitter levels in the brain, including benzodiazepines and SSRIs.

Randomly Assigned

A method used in experiments where participants are allocated to different groups in a way that is determined entirely by chance.

Experimental Groups

Groups in an experiment that receive the treatment or intervention being tested, as opposed to the control group which does not.

Control Groups

In experimental research, a group of subjects that does not receive the experimental treatment, serving as a comparison to evaluate the effect of the treatment.