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    Essentials of Economics Study Set 5
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    Exam 3: Where Prices Come From: the Interaction of Demand and Supply
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    If an Increase in Income Leads to an Increase in the Demand
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If an Increase in Income Leads to an Increase in the Demand

Question 169

Question 169

Multiple Choice

If an increase in income leads to an increase in the demand for peanut butter,then peanut butter is


A) a neutral good.
B) a normal good.
C) a necessity.
D) a complement.

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