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    Exam 3: Demand Theory
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    Carol Experiences a 4% Increase in Income This Year
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Carol Experiences a 4% Increase in Income This Year

Question 86

Question 86

Multiple Choice

Carol experiences a 4% increase in income this year. She is:


A) perhaps better or worse off.
B) unambiguously no better or worse off.
C) unambiguously worse off.
D) unambiguously better off.

Correct Answer:

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