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    Macroeconomics Principles Study Set 1
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    Exam 3: Supply and Demand
  5. Question
    An Item Whose Demand Rises as People's Incomes Fall Is
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An Item Whose Demand Rises as People's Incomes Fall Is

Question 125

Question 125

Multiple Choice

An item whose demand rises as people's incomes fall is known as a(n) _____ good.


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

Correct Answer:

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