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    Exam 4: The Theory of Individual Behavior
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    A Price Increase Causes a Consumer's "Real" Income To
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A Price Increase Causes a Consumer's "Real" Income To

Question 70

Question 70

Multiple Choice

A price increase causes a consumer's "real" income to:


A) decrease.
B) increase.
C) remain unchanged.
D) vary along the budget line.

Correct Answer:

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