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  3. Study Set
    Macroeconomics Principles Applications
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    Exam 4: Demand, Supply, and Market Equilibrium
  5. Question
    A Good for Which Demand Decreases When Income Increases Is
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A Good for Which Demand Decreases When Income Increases Is

Question 120

Question 120

Multiple Choice

A good for which demand decreases when income increases is known as a(n) ________ good.


A) normal
B) inferior
C) complementary
D) substitute

Correct Answer:

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