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A Conclusion That Can Be Drawn from Research Presented in the Text

question 19

Multiple Choice

A conclusion that can be drawn from research presented in the text is that whether or not a marriage relationship is stressed by both partners' employment depends to a large degree on _________.


Definitions:

Income Elasticity

A measure of how much the demand for a good or service changes in response to changes in consumers' income.

Coefficient

A numerical or constant quantity placed before and multiplying the variable in an algebraic expression, often indicating proportionality.

Normal Good

A good for which demand increases as consumer income rises, and decreases as consumer income falls.

Income Elasticity

A rephrased definition: The responsiveness of demand for an item to changes in the income of the people demanding the item.

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