Assume That a Six Percent Increase in Income Results in a Three

Multiple Choice

Assume that a six percent increase in income results in a three percent increase in the quantity demanded of a good.What is the income elasticity of demand for the good,and what type of good is it

A) negative, and therefore the good is an inferior good
B) negative, and therefore the good is a normal good
C) positive, and therefore the good is a normal good
D) positive, and therefore the good is an inferior good