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The income effect will play a greater role in a consumer's spending if the good:
Sadness
An emotion characterized by feelings of disappointment, loss, or helplessness, often viewed as a more temporary and milder form of distress compared to depression.
Triple-masked
A study design where information is withheld from participants, experimenters, and evaluators to prevent bias; triple-blind is a more common term.
Evaluating
The process of assessing or examining something to determine its value, quality, importance, size, or other measurable characteristics.
Mood
A temporary state of mind or feeling that influences an individual's emotional state.
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