A Good Is Considered Normal If Demand for It ______

question 137

Multiple Choice

A good is considered normal if demand for it ______ when income ______.

• A) increases; increases
• B) decreases; increases
• C) stays the same; decreases
• D) increases; decreases

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Definitions:

Values

Core beliefs or principles that guide behaviors and decisions in individuals and organizations.

Acceptance

Recognition and approval of something as it is; in social contexts, it often involves recognizing and validating individual differences.

Settlement-House Movement

A social reform movement that began in the late 19th century, focused on improving conditions in poor urban areas by providing community services and education.

Jane Addams

Jane Addams was a pioneer American settlement activist, reformer, social worker, and leader in women's suffrage and world peace, co-founder of Chicago's Hull House, and the first American woman to win the Nobel Peace Prize.