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If there are two goods and if income doubles and the price of good 1 doubles while the price of good 2 stays constant, a consumer's demand for good...
1. If there are two goods and if income doubles and the price of good 1 doubles while the price of good 2 stays constant, a consumer's demand for good
a. 1 will increase only if it is a Giffen good for her.
b. 2 will decrease only if it is a Giffen good for her.
c. 2 will increase only if it is an inferior good for her.
d. 2 will decrease only if it is an inferior good for her.
e. None of the above.
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