A Change in the Distribution of Income Which Leaves Total

question 44

Multiple Choice

A change in the distribution of income which leaves total income constant will not shift the market demand curve for a product if

• A)everyone has an income elasticity of demand of zero for the product.
• B)everyone has the same income elasticity of demand for the product.
• C)individuals have differing income elasticities for the product,but the average income elasticity for income gainers is equal to the average income elasticity for income losers.
• D)any of the above conditions occur.

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Definitions:

Action Stage

A phase in the Transtheoretical Model of behavior change where individuals apply specific strategies to engage in new behaviors.

Marijuana Addiction

A condition where an individual becomes dependent on marijuana, facing difficulty in controlling its use despite negative consequences.

Preparation Stage

A stage in the model of behavioral change where the individual intends to take action in the immediate future to address a problematic behavior.

Problematic Behavior

Actions or behaviors that are harmful or difficult for the individual or others, often disrupting normal functioning.