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The item below likely to have the highest income elasticity of demand is:
Promissory Notes
Written promises to pay a specified sum of money to a certain person or entity under agreed terms.
Negotiated
Discussed or arranged terms and conditions towards an agreement through a process of bargaining.
Assigned
Designated or allocated to someone or something for a specific purpose.
Certificate Of Deposit
A savings certificate entitling the bearer to receive interest after a fixed term deposit matures, with a fixed or variable interest rate.
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