In a Recession,consumers Have Less Income to Spend

question 61

Multiple Choice

In a recession,consumers have less income to spend.As a result,if dining out is a normal good,then which of the following would happen to the demand curve for dining out?

• A) The demand curve would shift leftward.
• B) The demand curve would not shift but the price of dining out would rise.
• C) The effect on the demand curve is unknown.
• D) The demand curve would shift rightward.
• E) The demand curve would not shift but the price of dining out would fall.

Recognize the distinction between reward and drive reduction.

Grasp the essentials of Hull's motivational model.

Understand the role of cognitive psychology in evolving the perception of Tolman's theories.

Comprehend the factors motivating behavior, including excitatory potential and frustration.

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Definitions:

On-The-Spot Interventions

Immediate actions taken in response to a situation or problem without prior planning.

Family System Equilibrium

The state of balance or stability within a family unit, where changes in one member's behavior can affect the entire system.

Rules

Prescribed directives or principles that govern the conduct of individuals within a society, organization, or system, ensuring order and fairness.

Diverse Families

familial groups that vary widely in composition, including differences in race, ethnicity, socioeconomic status, and structure.