If We Observe That Rae's Budget Constraint Has Shifted Inward,then

question 120

Multiple Choice

If we observe that Rae's budget constraint has shifted inward,then we know for certain that

• A) her income must have decreased.
• B) she will be indifferent between goods X and Y.
• C) the price of one or both of the goods must have increased.
• D) her utility will decrease.

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Definitions:

Decatastrophize

A cognitive-behavioral therapy technique that involves reducing the irrational fear associated with exaggerated or worst-case scenario thinking.

Psychotherapy

A treatment method for mental health issues that involves talking with a therapist to explore and overcome personal challenges.

Behavior Therapies

A range of therapies that treat mental health disorders by modifying dysfunctional behaviors through reinforcement strategies.

Effectiveness

The degree to which a specific intervention, process, or activity achieves its intended outcome or results.