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    Macroeconomics Study Set 40
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    Exam 3: Demand and Supply
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    If a Good Is an Inferior Good, Then Purchases of That
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If a Good Is an Inferior Good, Then Purchases of That

Question 431

Question 431

Multiple Choice

If a good is an inferior good, then purchases of that good will decrease when


A) the demand for it increases.
B) population increases.
C) income increases.
D) the price of a substitute rises.

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