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GK
ENGLISH
CURRENT AFFAIRS
APTITUDE
BANKING
UGC NET
REASONING
COMPUTER SC.
COURSES
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Gkseries
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Banking System and Capital Market Questions and Answers for Competitive Exams
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Question
In the case of an inferior good, the income elasticity of demand is:
A
Zero
B
Positive
C
Infinite
D
Negative
View Answer
Answer & Explanation
Answer: Option [D]
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