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    Principles of Macroeconomics Study Set 8
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    Exam 5: Elasticity and Its Applications: The Elasticity of Demand
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    The Cross-Price Elasticity of Demand Can Tell Us Whether Goods
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The Cross-Price Elasticity of Demand Can Tell Us Whether Goods

Question 66

Question 66

Multiple Choice

The cross-price elasticity of demand can tell us whether goods are


A) normal or inferior.
B) elastic or inelastic.
C) luxuries or necessities.
D) complements or substitutes.

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