Suppose That the Income Elasticity of Demand for Good X

Multiple Choice

Suppose that the income elasticity of demand for good X is greater than 1. Other things being equal, which of the following statements is INCORRECT?

A) Good X is a normal good.
B) The quantity demanded of good X decreases as a consumer's income declines.
C) A consumer buys more X as income rises, but the share of income spent on good X falls.
D) A consumer buys more X as income rises and the share of income spent on good X also rises.