Suppose that demand for Good X decreases by 10% when consumers` income increases by 20%. Which of the following is true about Good X?

A) Good X is a normal good, but income elasticity is smaller than zero.

B) Good X is a normal good, and income elasticity is greater than 1.

C) Good X is an inferior good because income elasticity is smaller than zero.

D) Good X is a luxury good because income elasticity is greater than 1.

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