Exhibit 4.2 -Refer to Exhibit 4.2 of the Demand Curves for a Demand

question 78

Multiple Choice

Exhibit 4.2

-Refer to Exhibit 4.2 of the demand curves for a good. A shift from the demand curve D to the demand curve D' would be caused by a(n) _____

• A) decrease in the price of the good under consideration.
• B) significant increase in population because of immigration.
• C) decrease in consumer income.
• D) decrease in the number of producers of the good.
• E) increase in the price of an important resource used to produce the good.

---

Definitions:

Federal Exemptions

Specific protections provided by federal law that prevent certain property or assets from being seized or sold to repay debts.

Michigan Exemptions

Legal provisions in Michigan allowing debtors to keep certain property out of reach from creditors during bankruptcy and collections.

Bankruptcy Court

A specialized federal court that handles cases involving bankruptcy filings and related legal issues.

Chapter 7

A provision under the U.S. Bankruptcy Code involving the liquidation of a debtor's assets to pay off creditors.