Suppose That We Illustrate Demand and Supply with Quantity on the Horizontal

question 39

Multiple Choice

Suppose that we illustrate demand and supply with quantity on the horizontal axis and income on the vertical axis. Let demand be a function of price and income, Q^d (P, I) . Which of the following statements is true?

• A) A change in income will cause a shift in the demand curve.
• B) A change in income level is represented by a movement along the demand curve.
• C) Income is treated as an exogenous variable in the graphical analysis.
• D) Price and income together must change in order to create a shift in the demand curve.

---

Definitions:

Political strife

Conflict or struggle within a country involving various political factions, often leading to unrest or civil disorder.

Reproductive health

A state of complete physical, mental, and social well-being in all matters relating to the reproductive system at all stages of life.

Gender inequality

The social, economic, and cultural condition in which people of different genders do not have equal rights, opportunities, or responsibilities.

Cardiovascular health

This refers to the health of the heart and blood vessels, aiming to prevent heart diseases and maintain function.