During a very bad recession the nations disposable income fell by 10 percent, while its consumption of

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During a very bad recession the nation’s disposable income fell by 10 percent, while its consumption of a certain good rose by 5 percent. That good was good. ( LO4 )

a) a complementary

b) a substitute

c) a normal good

d) an inferior good

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Economics

ISBN: 125375

10th Edition

Authors: Stephen Slavin

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