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kg0923 kg0923
wrote...
5 years ago
When the price of a good that a person is consuming falls, other things being constant, there is
A) a decline in real income.
B) a decline in purchasing power.
C) a real income effect.
D) no change in purchasing power.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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Answer verified by a subject expert
AnsuhaAnsuha
wrote...
Posts: 226
5 years ago
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kg0923 Author
wrote...
5 years ago
This helps so much, thank you for responding so quickly...
wrote...
5 years ago
No worries, I was online and bored Grinning Face with Smiling Eyes
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