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    Business
  3. Study Set
    Macroeconomics Principles
  4. Exam
    Exam 3: Supply and Demand
  5. Question
    When a Consumer's Income Level Is Low, It Is MORE
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When a Consumer's Income Level Is Low, It Is MORE

Question 3

Question 3

Multiple Choice

When a consumer's income level is low, it is MORE likely the consumer will purchase ______ goods.


A) complementary
B) substitute
C) normal
D) inferior

Correct Answer:

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