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    Business
  3. Study Set
    International Economics Study Set 2
  4. Exam
    Exam 2: The Basic Theory Using Demand and Supply
  5. Question
    A Decrease in Income Will Lead to an Increase in the Demand
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A Decrease in Income Will Lead to an Increase in the Demand

Question 1

Question 1

True/False

A decrease in income will lead to an increase in the demand for an inferior good.

Correct Answer:

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