If the Price of an Inferior Good Rises,the Income Effect

question 30

Multiple Choice

If the price of an inferior good rises,the income effect

• A)will have an uncertain effect on consumption of the good,and the substitution effect will decrease consumption.
• B)will decrease consumption of the good,and the substitution effect will decrease consumption.
• C)and the substitution effect will both increase consumption of the good.
• D)and the substitution effect will both decrease consumption of the good.
• E)will increase consumption of the good and the substitution effect will decrease consumption.

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Evidence

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Statements that police must provide to a suspect in custody before interrogation, informing them of their rights to remain silent and to have an attorney.

In-Custody Questioning

A law enforcement procedure where individuals under arrest are questioned about a crime.