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  3. Study Set
    Principles of Macroeconomics Study Set 8
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    Exam 4: The Market Forces of Supply and Demand: Demand
  5. Question
    If the Demand for a Good Falls When Income Falls,then
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If the Demand for a Good Falls When Income Falls,then

Question 58

Question 58

Multiple Choice

If the demand for a good falls when income falls,then the good is called a(n)


A) normal good.
B) regular good.
C) luxury good.
D) inferior good.

Correct Answer:

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