Examlex

Solved

Robert Receives an E-Mail Which Says That He Has Won

question 82

Multiple Choice

Robert receives an e-mail which says that he has won an online lottery worth $50 billion.Robert has his doubts as he does not remember buying a lottery ticket.He finds out that it is a spam e-mail intended to obtain his bank account details and credit card number.Which of the following is evident here?


Definitions:

Shirt

A shirt is a piece of clothing for the upper body, usually with sleeves and a collar.

Normal Good

A good for which demand increases as the consumer's income rises and decreases as the consumer's income falls.

Giffen Good

A product that people consume more of as the price rises and vice versa, violating the basic law of demand in economics.

Equally Happy

A state or condition where individuals have the same level of happiness or satisfaction, often considered in discussions of equity and fairness.

Related Questions