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Not sure about this one Assume that a 5 percent increase in income across the economy produces a 5 percent decrease in the quantity demanded

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Assume that a 5 percent increase in income across the economy produces a 5 percent decrease in the quantity demanded of good X. The coefficient of income elasticity of demand is Multiple Choice O positive, and therefore X Is a normal good. O negative, and therefore X is a normal good. O positive, and therefore X Is an Inferior good. O negative, and therefore X is an Inferior good

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