<u>Reasons why United States involved in Road to Independence:</u>
Laos, Cambodia and Vietnam were French protectorates for many years and their road to independence resulted in the Indochina War which was thought for 30 years. The US got involved in the war to prevent communism but it also had an interest in foreign policies, national fears, economic interests and geopolitical strategies.
In that era, most Eastern European countries were under communist rule, and communism was fast spreading to other parts of the world including Latin America, Africa and Asia. The US involvement in Indochina battle was a tactic to contain communism.
The income effect is the change in the demand of the goods and services as an result of the change of the The increased voluntary income of the consumer. Hense, the best option that describes the income effect is;The increased income earned by suppliers because of high prices. :)