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60.Assume that a 3 percent increase in income in the economy produces a 0 percent change in the quantity demanded of good X. The coefficient

60.Assume that a 3 percent increase in income in the economy produces a 0 percent change in the quantity demanded of good X. The coefficient of income elasticity of demand for good X is:

A.negative and therefore X is an inferior good.

B.zero and therefore X is a neutral good.

C.positive and therefore X is a normal good.

D.positive and therefore X is an inferior good.

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