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content area top Part 1 A 2 percent increase in income increases the quantity demanded of a good by 1 percent. The income elasticity of
content area top Part 1 A 2 percent increase in income increases the quantity demanded of a good by 1 percent. The income elasticity of demand for this good is ______. The good is a ______ good. Question content area bottom Part 1 A. 2; normal B. 2; inferior C. 1/2; normal D. 2; inferior
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Introductory Econometrics A Modern Approach
Authors: Jeffrey M. Wooldridge
4th edition
978-0324581621, 324581629, 324660545, 978-0324660548
