A Change in the Ability to Purchase a Good Because

question 194

Multiple Choice

A change in the ability to purchase a good because its price has increased is most closely related to the:

• A) output effect.
• B) income effect.
• C) nominal effect.
• D) substitution effect.

---

Definitions:

Rape Telephone Hotline

A confidential service offering support, information, and resources to individuals affected by sexual assault.

Sympathetic Listener

Someone who actively listens and shows empathy towards another's feelings or situations, providing emotional support without judgment.

Therapeutic Response

The outcome or changes following a treatment or intervention, reflecting the effectiveness or impact on the patient's condition or symptoms.

Anxiety And Discomfort

Feelings of worry, nervousness, or unease, often about an imminent event or something with an uncertain outcome.