Suppose When the Consumer's Income Rises by 100%, the Consumer's $x$

question 59

Multiple Choice

Suppose when the consumer's income rises by 100%, the consumer's consumption of good $x$ falls by 1%. We can infer that the consumer's income elasticity for good $x$ is

• A) -1
• B) -0.01
• C) 1
• D) 0.01

---

Definitions:

Arteries Constricting

Arteries constricting refers to the narrowing of the arteries, which can reduce blood flow and increase blood pressure.

Heart Rate

The number of heartbeats per unit of time, typically expressed as beats per minute (bpm).

Task Difficulty

The level of challenge presented by a task, often influencing an individual's performance and the strategies they employ to complete it.

Distribution Games

Activities or exercises that simulate the allocation of resources or rewards among participants to study decision-making and fairness.