If the income elasticity of demand for a good is _______, the good is said to be _.
A.negative; an inferior good
B.negative; a negative good
C.positive; a positive good
D.negative; a normal good

Question

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The Answer of If the income elasticity of demand for a good is _______, the good is said to be _.
A.negative; an inferior good
B.negative; a negative good
C.positive; a positive good
D.negative; a normal good

If the Income Elasticity of Demand for a Good Is