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.

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Definitions:

Delivery Process

The sequence of events that lead to the birth of a baby, often encompassing labor, contractions, and the actual passage of the baby through the birth canal.

Contractions

Muscle tightenings that facilitate childbirth, also used to refer to abbreviations in language.

Birthing Center

A healthcare facility specializing in childbirth where the emphasis is often on providing a natural, family-centered experience.

Episiotomy

A surgical cut made at the opening of the vagina during childbirth, intended to help deliver the baby and prevent severe perineal tearing.