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Economics

A consumer's bundle includes two normal goods, good X and good Y. According to the income effect, a(n) ______ in the price of good X or ______ in the price of good Y will cause the consumer to buy less of good X.

A. decrease; increase

B. increase; increase

C. decrease; decrease

D. increase; decrease

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91403167

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