If Demand for Personal Computers Increases as a Result of an Increase

question 51

Multiple Choice

If demand for personal computers increases as a result of an increase in income,

• A)personal computers must be a normal good
• B)personal computers must be an inferior good
• C)personal computers must be a complement
• D)the substitutes for personal computers must be inferior goods
• E)the substitution effect is larger than the income effect

---

Definitions:

Procedural Memory

A type of long-term memory that enables people to perform tasks without consciously thinking about them, such as riding a bicycle.

Implicit Memory

A type of memory in which previous experiences aid in the performance of a task without conscious awareness of these previous experiences.

Acrostic Method

A mnemonic device that makes use of the first letters of words in a phrase or list to create a new word or phrase.

Method of Loci

A mnemonic technique where information is visualized within familiar spatial locations to improve recall.