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    Principles of Macroeconomics
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    Exam 3: The Supply and Demand Model
  5. Question
    If Incomes Increase, Then the ____ in the Market for Luxury
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If Incomes Increase, Then the ____ in the Market for Luxury

Question 87

Question 87

Multiple Choice

If incomes increase, then the ____ in the market for luxury cars as normal goods ____.


A) supply; decreases
B) supply; increases
C) demand; increases
D) deman
E) both supply and deman

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