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Which of the following statements is FALSE An increase in income causes an increase in the demand for a normal good A decrease in income causes the demand curve for a normal good to shift to

Which of the following statements is FALSE? A. An increase in income causes an increase in the demand for a normal good. B. A decrease in income causes the demand curve for a normal good to shift to the left. C. An increase in income causes a decrease in the demand for an inferior good. D. An increase in income causes the demand curve for an inferior good to shift to the right.

Apr 29 2020 View more View Less

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