The Graph Below Shows George's Indifference Curves and Budget Lines

question 65

Multiple Choice

The graph below shows George's indifference curves and budget lines.From A to B,we can conclude

• A)leisure is a normal good.
• B)leisure is an inferior good.
• C)George will increase his working time with a higher wage.
• D)the substitution effect is greater than the income effect.

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Definitions:

Biopsychosocial Approach

A holistic perspective on health and illness that integrates biological, psychological, and social factors.

Genetic Predispositions

The genetic characteristics inherited from parents that may influence an individual's likelihood of developing certain conditions or traits.

Learned Behaviors

are actions or reactions developed through experience or conditioning, contrasting with behaviors that are instinctual or innate.

Classical Conditioning

A learning strategy that consists of continuously pairing two stimuli; the reaction that is at the beginning evoked by the second stimulus, is eventually evoked by the first stimulus singularly.