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    Principles of Economics Study Set 3
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    Exam 21: The Theory of Consumer Choice
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    Susie Wins $1 Million in Her State's Lottery
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Susie Wins $1 Million in Her State's Lottery

Question 63

Question 63

True/False

Susie wins $1 million in her state's lottery.If Susie keeps working after she wins the money,we can infer that the income effect is larger than the substitution effect for her.

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