1. [16 points] Short question. (4 points each) (Guideline: 10 minutes maximum) If there are two goods and if income doubles and the price of good 1 doubles, while the price of good 2 stays constant. Discuss Whether each of the following statement is true, false of you cannot tell. [No credit for guessing, it is the explanation that matters] [Tip: draw your budget constraint before and after the change to see the change to which it corresponds] a. a consumer's demand for good 1 will increase only if it is a Giffen good for her. I). a consumer's demand for good 2 will decrease only if it is a Gi'en good for her. c. If the consumption of good 1 increases, it means that the goods are complements. d. a consumer's demand for good 2 will decrease only if it is an inferior good for her