If X Is a Normal Good, a Rise in Money

question 2

Multiple Choice

If X is a normal good, a rise in money income will shift the

• A) supply curve for X to the left.
• B) supply curve for X to the right.
• C) demand curve for X to the left.
• D) demand curve for X to the right.

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Definitions:

Higher-order Conditioning

A form of conditioning in which a stimulus that was previously neutral is paired with a conditioned stimulus to produce the same conditioned response.

Habituation

The process by which an individual becomes accustomed to a stimulus through repeated exposure, leading to a decrease in response.

Behavioral Contrast

A phenomenon in which the response rate to one stimulus changes as a result of a change in the reinforcement offered for another stimulus.

Second-order Conditioning

A form of learning where a stimulus that was previously neutral is associated with a conditioned stimulus to elicit the same conditioned response, without the original unconditioned stimulus.