In General,the Income Effect of an Increase in the Price

Multiple Choice

In general,the income effect of an increase in the price of a normal good:

A) will cause the individual to buy more of that good because they have relatively more income.
B) will cause the individual to buy less of that good because they have relatively less income.
C) will cause the individual to buy more of that good because they have relatively less income.
D) will cause the individual to buy less of that good because they have relatively more income.