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Which of the Following Was a Reaction Against Too Much

question 15

Multiple Choice

Which of the following was a reaction against too much reliance on human reason during the eighteenth century in Europe?


Definitions:

Normal Goods

Goods for which demand increases as consumer income rises, and decreases as consumer income falls.

Income Elasticity

A measure of how the demand for a good or service changes in response to changes in consumers' income.

Inferior Good

A type of good for which demand decreases when the income of the consumer increases, inversely related to consumer income.

Inferior Good

A type of good for which demand decreases as the income of consumers increases, in contrast to a normal good.

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