Question: Q: If good X is an inferior good, a decrease in consumer income, ceteris paribus, will shift the: demand curve for good X to the

Q:

If good X is an inferior good, a decrease in consumer income, ceteris paribus, will shift the:

demand curve for good X to the right

demand curve for good X to the left

supply curve for good X to the right

supply curve for good X to the left

there will be no change to the market for good X

Which of the following is a microeconomics topic?

Changes in the economy's price levels

Issues related to Gross Domestic Product

The reasons why industries employ different levels of resources

The effect of government taxation on aggregate consumption level

Issues related to inflation and unemployment rates

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