If a Good Is Normal,its

question 26

Multiple Choice

If a good is normal,its

• A)Price elasticity of demand is positive.
• B)Income elasticity of demand is negative.
• C)Income elasticity of demand is positive.
• D)Cross-price elasticity is positive.

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Definitions:

Obsessions

Persistent, unwanted thoughts that cause distress or anxiety.

Hallucinations

Conscious awareness of sensing something that isn't externally present, giving the impression of reality.

Compulsions

Repetitive behaviors or mental acts that a person feels driven to perform in response to an obsession or according to rules that must be rigidly applied.

DSM I

The first edition of the Diagnostic and Statistical Manual of Mental Disorders, published by the American Psychiatric Association to standardize psychiatric diagnostic criteria.