A Movement Upward Along an Upward Sloping Engel Curve Corresponds

question 23

Multiple Choice

A movement upward along an upward sloping Engel curve corresponds to

• A) upward sloping indifference curves.
• B) crossing indifference curves.
• C) a rotation in the budget constraint.
• D) a parallel shift in the budget constraint.

---

Definitions:

Esteem Needs

Psychological requirements relating to self-worth, accomplishment, respect, and recognition, as outlined in Maslow's hierarchy of needs.

Self-Actualization

The achievement of realizing one's talents and potential, seen as an innate drive or necessity in all individuals.

Affiliation Needs

A psychological need to feel a sense of involvement and "belonging" within a social group, where relationships play a significant role in personal identity.

Security Needs

Part of Maslow's hierarchy, referring to the need for safety and security, including financial stability, health and well-being, and safety against accidents or harm.