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An Increase in Income Will

Question 58

Multiple Choice

An increase in income will


A) increase the demand for SUVs if SUVs are inferior goods.
B) always increase the demand for SUVs.
C) increase the supply of SUVs.
D) decrease the demand for SUVs if SUVs have a very low price.
E) increase the demand for SUVs if SUVs are normal goods.

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