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Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
it may be the case that an increase in income leads to [...] in quantity demanded. We term goods for which this is true inferior goods.
Answer
a decrease

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
it may be the case that an increase in income leads to [...] in quantity demanded. We term goods for which this is true inferior goods.
Answer
?

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
it may be the case that an increase in income leads to [...] in quantity demanded. We term goods for which this is true inferior goods.
Answer
a decrease
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it may be the case that an increase in income leads to a decrease in quantity demanded. We term goods for which this is true inferior goods.

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owner: iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p35

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statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

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