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The price of a new Ford pickup truck falls by 10%. At the same time, the price of grapes drops by 10%. Which price drop
The price of a new Ford pickup truck falls by 10%. At the same time, the price of grapes drops by 10%. Which price drop will result in a larger real-income effect for consumers? O the price drop on the pickup truck 0 the price drop on the grapes 0 both price drops have the same real-income effect
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