Question: what is the answer? Question 8 1 point possible (graded) Which best describes the income effect? As money income rises consumers will buy more. The

what is the answer?

Question 8 1 point possible (graded) Which best describes the income effect? As money income rises consumers will buy more. The demand curve will shift left if money income decreases. If prices rise consumers will look for a cheaper way to satisfy their needs. Consumers will buy more when prices fall. Submit You have used 0 of 2 attempts Save

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