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Assume You Are Consuming Two Goods,X and Y

Question 56

Multiple Choice

Assume you are consuming two goods,X and Y.X and Y are both normal goods but they are not close complements.The price of good X increases but the price of Y remains unchanged.However,you are given enough additional income to ensure that your utility remains unchanged.What happens to your consumption of good X?


A) it increases
B) it stays the same
C) it increases or decreases
D) it decreases
E) it increases over the long run

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