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[单选题]

a good (or service) whose consumption declines as income rises and increases as income decreases increase in income=decrease in consumption decrease in income=increase in consumption

A.price floor

B.normal good

C.substitute good

D.inferior good

提问人:网友huizishuibei 发布时间:2022-01-07
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更多“a good (or service) whose cons…”相关的问题
第1题
Investment in the public sector, such as electricity, irrigation, public services and transport (excluding vehicles, ships and planes) increased by about 10%, although the emphasis moved to the transport and away from the other sectors mentioned. Trade and services recorded a 16% to 17% investment growth, including a 30% increase in investment in business premises. Industrial investment is estimate to have risen by 8%. Although the share of agriculture in total gross investment in the economy continued to decline, investment grew by 9% in absolute terms, largely spurred on by a 23% expansion of investment in agricultural equipment. Housing construction had 12% more invested in it in 1964, not so much owing to increased demand, as to fears of new taxes and limitation of building.

Total consumption in real terms rose by close on 11% during 1964, and per capital personal consumption by under 7%, as in 1963. The undesirable trend towards a rapid rise in consumption, evident in previous years, remained unaltered. Since at current prices consumption rose by 16% and disposable income by 13%, there was evidently a fall in the rate of saving in the private sector of the economy. Once again consumption patterns indicated a swift advance in the standard of living. Expenditure on food declined in significance, although consumption of fruit increased. Spending on furniture and household equipment, health, education and recreation continued to increase. The greatest proof of altered living standards was the rapid expansion of expenditure on transport (including private cars) and personal services of all kinds, which occurred during 1964. The progressive wealth of large sectors of the public was demonstrated by the changing composition of durable goods purchased. Saturation(饱和) point was rapidly being approached for items such as the first household radio, gas cookers, and electric refrigerators, whereas increasing purchases of automobiles and television sets Were registered.

The author thinks that the trend towards a rapid rise in consumption was "undesirable" because______.

A.people saved less

B.people were wealthy

C.people consumed less

D.expenditures on luxuries in creased

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第2题
The great strength of this form is leaving out everything that’s____

A、extra

B、long

C、essential

D、beautiful

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第3题
No dish is more beloved by the Sichuanese than this homely stir-fry of sizzling pork with chili bean sauce, fermented black beans and green garlic leaves. 四川人最爱的一道菜莫过于这道用豆瓣酱、豆豉以及青蒜烹制的家常小炒猪肉了。
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第4题
Cet homme ________ beaucoup, mains il ne ________ rien d’intéressant.

A、dit parle

B、parle dit

C、dit dit

D、parle parle

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第5题
The first course of British meals is soup, ___1___ on shallow plates.

Then comes fish; there is often a knife and fork ___2___ special shape.

If you are in ___3___ surroundings, keep an eye open for what the others are doing.

The next course generally ___4___ a joint of meat.

Pudding is the fourth course. ___5___ that he has finished with a course, a person lays his knife and fork on his plate with the handles towards him.

After the pudding or sweets, the ladies may get up and retire to the drawing-room, ___6___ the men a little longer over their wine, smoking and talking.

When the ladies rise, the men get up too, ___7___, and resume their seats when they have left the room. Soon the men rejoin the ladies.

It must not be imagined ___8___ all English people eat like this.

As in all countries, working-class people can afford ___9___ the time nor the money to live like this.

Their dinners are cooked not by a servant ___10___ by the mother of the family. All meals are much simpler than these served in the homes of the rich.

1).

A. served

B. serves

C. to serve

D. serving

2).

A. on

B. at

C. of

D. by

3).

A. unfamiliar

B. familiar

C. different

D. similar

4).

A. is consisted of

B. consists of

C. makes up of

D. composes of

5).

A. To show

B. Shown

C. Showing

D. Show

6).

A. to leave

B. leaves

C. left

D. leaving

7).

A. by respect

B. out of respect

C. in respect

D. in all respects

8).

A. what

B. this

C. that

D. which

9).

A. either

B. none

C. neither

D. both

10).

A. but

B. and

C. with

D. or

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第6题
__________ is an individual who commits money to investment products with the expectation of financial return.

A、acquisition

B、entrepreneur

C、investor

D、sole trader

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第7题
If a firm moves from one point on a production isoquant to another point on the same isoquant, which of the following will certainly NOT happen?

A、a change in the level of output

B、a change in the ratio in which the inputs are combined

C、a change in the marginal products of the inputs

D、a change in the rate of technical substitution

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第8题
The production set of a firm is the set of all products the firm can produce.
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第9题
In any production process, the marginal product of labor equals:

A、the value of total output minus the cost of the fixed capital stock.

B、the change in output per unit change in labor input for 'small' changes in the amount of input.

C、total output divided by total labor inputs.

D、total output produced with the given labor inputs.

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第10题
The production function f (x,y) = x + y has constant returns to scale
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