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  9. Q24
Question 24

For an inferior good, a decrease in income will lead to ____.

  • A.a lower equilibrium price
  • B.a change in the quantity demanded
  • C.an outward shift of the demand curve
  • D.an inward shift of the demand curve
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2013/2014
Question no.
#24
Type
Objective
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