Suppose You Have Surveyed a Few Industries and Obtained Information

question 194

Multiple Choice

Suppose you have surveyed a few industries and obtained information about the income elasticity of demand for their products.If you expect that the economy is headed for a long recession, you would advise people to look for jobs in an industry with

• A)a high positive income elasticity coefficient such as 5.
• B)a low positive income elasticity coefficient such as 0.8.
• C)a "high" negative income elasticity coefficient such as -4.
• D)a "low" negative income elasticity coefficient such as -0.2.

---

Definitions:

Subarachnoid Space

An area between the arachnoid mater and the pia mater.

Spinal Cord

is the main pathway for information connecting the brain and peripheral nervous system, running down from the brain through the backbone.

Digestive Organs

These include any organ involved in the digestion process, including the stomach, intestines, liver, gallbladder, and pancreas.

Endoscopy

Any procedure in which a scope is used to visually inspect a canal or cavity within the body.