Consider the Income and Substitution Effects of Price Changes

Multiple Choice

Consider the income and substitution effects of price changes.For a product with an income elasticity greater than one,a price increase will cause the consumer's real income to

A) rise and the quantity purchased to fall.
B) fall and the quantity purchased to fall.
C) rise and the quantity purchased to rise.
D) fall and the quantity purchased to rise.
E) remain constant.