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In Tinyburg, a town with 1000 inhabitants, most residents work for a car manufacturing company in one capacity or another. Increased automation causes the company
In Tinyburg, a town with 1000 inhabitants, most residents work for a car manufacturing company in one capacity or another. Increased automation causes the company to cut 100 jobs. This results in a(n) _____ in the average income, which is likely to cause a(n) _____ in demand/the consumption of normal goods.
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