The change in consumption that results from a change in the relative price of goods while staying on the same indifference curve is the

Rent controls have the effect of keeping prices under control and maintaining an adequate supply of affordable housing for lower income people

Indicate whether the statement is true or false

Individuals who face greater risks

a. are more likely to purchase insurance b. are less likely to purchase insurance c. are neither more nor less likely to purchase insurance d. are risk neutral