If a 4 Percent Decrease in Income (At a Constant

Multiple Choice

If a 4 percent decrease in income (at a constant price) results in a 2 percent decrease in the consumption of dweedles then

A) the income elasticity of demand for dweedles is negative.
B) dweedles are a necessity and a normal good.
C) dweedles are a luxury and a normal good.
D) dweedles are an inferior good.
E) both A and D.