According to Recent Research,there Has Been an Approximately _____ Drop

question 72

Multiple Choice

According to recent research,there has been an approximately _____ drop in the rates of obesity in preschool children ages 2 to 5.

• A)15 percent
• B)43 percent
• C)55 percent
• D)75 percent

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Definitions:

Inferior Good

A type of good whose demand decreases as the income of consumers increases, contrasting with normal goods.

Supply

The total amount of a good or service that is available for purchase at any given price.

Perfectly Inelastic

Describes a situation where the quantity demanded or supplied does not change in response to a price change.

Recession

A period of declining real GDP, accompanied by lower real income and higher unemployment.