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    Macroeconomics Study Set 41
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    Exam 3: Demand and Supply
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    Inferior Goods Are Those for Which Demand Increases as
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Inferior Goods Are Those for Which Demand Increases as

Question 302

Question 302

Multiple Choice

Inferior goods are those for which demand increases as


A) the price of a substitute falls.
B) income increases.
C) the price of a substitute rises.
D) income decreases.

Correct Answer:

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