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  3. Study Set
    Foundations of Macroeconomics
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    Exam 5: Elasticities of Demand and Supply
  5. Question
    Which of the Following Is Most Likely to Have an Income
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Which of the Following Is Most Likely to Have an Income

Question 147

Question 147

Multiple Choice

Which of the following is most likely to have an income elasticity of demand that is less than 1?


A) movies
B) airline travel
C) foreign travel
D) food
E) restaurant meals

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