Which Type of Goods Is Most Adversely Affected by Recessions

question 178

Multiple Choice

Which type of goods is most adversely affected by recessions?

• A) Goods for which the income elasticity coefficient is relatively low or negative.
• B) Goods for which the income elasticity coefficient is relatively high and positive.
• C) Goods for which the cross elasticity coefficient is positive.
• D) Goods for which the cross elasticity coefficient is negative.

---

Definitions:

X Chromosomes

are one of the two types of sex chromosomes, present in two copies in females and one in males, carrying genes important for sexual development and other functions.

X-Linked

Gene located on an X chromosome.

Incomplete Dominance

A genetic phenomenon where the phenotype of a heterozygote is intermediate between the phenotypes of the two homozygotes, indicating a blend of the parental traits.

Dominant Allele

An allele that expresses its phenotypic effect even when heterozygous with a recessive allele, masking the effect of the recessive allele in heterozygotes.