Computer Chips Are a Normal Good

question 77

Multiple Choice

Computer chips are a normal good.Suppose the economy slips into a recession so that income falls.As a result,the demand for computer chips ________ so that the price of a computer chip ________.

• A) increases; rises
• B) increases; falls
• C) decreases; rises
• D) decreases; falls
• E) decreases; does not change

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Definitions:

Plaintiff

The party who initiates a lawsuit before a court against the defendant, seeking a legal remedy or damages.

Disparate-Impact Cases

Legal disputes involving policies or practices that disproportionately affect a particular group, even if unintentional.

Protected Class

Groups of people who are legally protected from discrimination on the basis of characteristics such as race, gender, age, or disability.

Employment Opportunities

Refer to the availability of jobs or positions that individuals can apply for in various sectors or industries.