If Consumer Incomes Go Up and Laptops Are a Normal

question 60

Multiple Choice

If consumer incomes go up and laptops are a normal good, the effect on the demand for laptops, ceteris paribus, will be a/an:

• A) upward movement along the demand curve for laptops.
• B) downward movement along the demand curve for laptops.
• C) rightward shift in the demand curve for laptops.
• D) leftward shift in the demand curve for laptops.

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Definitions:

Obsessive-Compulsive Disorder

A psychological condition marked by ongoing, intrusive thoughts (obsessions) and repetitive actions (compulsions).

Post-Traumatic Stress Disorder

A psychological disorder caused by exposure to or witnessing a horrifying incident, resulting in recurring nightmares, intense stress, and vivid flashbacks.

Generalised Anxiety Disorder

Generalized anxiety disorder is characterized by persistent and excessive worry about various aspects of life, not tied to any specific object or situation.

Panic Disorder

A mental health condition characterized by sudden and repeated episodes of intense fear or discomfort, along with physical symptoms such as heart palpitations, chest pain, or shortness of breath.