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Figure 3.2.2 -Which of the Following Will Result in a Decrease in Decrease

Question 23

Multiple Choice

  Figure 3.2.2 -Which of the following will result in a decrease in a consumer's purchasing power? A)  A decrease in the consumer's income B)  An increase in the price of the good on the vertical axis C)  An increase in the price of the good on the horizontal axis D)  all of the above Figure 3.2.2
-Which of the following will result in a decrease in a consumer's purchasing power?


A) A decrease in the consumer's income
B) An increase in the price of the good on the vertical axis
C) An increase in the price of the good on the horizontal axis
D) all of the above

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