According to the Text, the Latest Data Tells Us That

question 41

Multiple Choice

According to the text, the latest data tells us that more than _____ percent of school-aged children report being bullied at least once in the past year.

• A)30
• B)50
• C)60
• D)70

---

Definitions:

Consumer Optimum

A state where a consumer has allocated their resources in such a way that maximizes their utility, given their budget constraint.

Income Effect

The change in consumption that results from changes in real income, affecting the purchasing power of consumers.

Substitution Effect

The economic understanding that as prices rise or income decreases, consumers replace more expensive items with less costly alternatives.

Wage Increase

A rise in the rate of pay employees receive for their work.