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.
a) a complementary
b) a substitute
c) a normal good
d) an inferior good.
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The correct answer is c a normal good When the nations disposable income fell by 10 percent ...View the full answer
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