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a) Jim buys gingerbread and candy, both of which are normal goods. When the price of gingerbread rises, the income effect induces Jim to buy
a) Jim buys gingerbread and candy, both of which are normal goods. When the price of gingerbread rises, the income effect induces Jim to buy _____ gingerbread and candy. b) Jim buys candy and gingerbread, both of which are normal goods. When the price of gingerbread rises, the substitution effect induces Jim to buy _gingerbread and candy
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