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Robert receives an e-mail which says that he has won an online lottery worth $50 billion.Robert has his doubts as he does not remember buying a lottery ticket.He finds out that it is a spam e-mail intended to obtain his bank account details and credit card number.Which of the following is evident here?
Shirt
A shirt is a piece of clothing for the upper body, usually with sleeves and a collar.
Normal Good
A good for which demand increases as the consumer's income rises and decreases as the consumer's income falls.
Giffen Good
A product that people consume more of as the price rises and vice versa, violating the basic law of demand in economics.
Equally Happy
A state or condition where individuals have the same level of happiness or satisfaction, often considered in discussions of equity and fairness.
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