CFA Practice Question

There are 539 practice questions for this study session.

CFA Practice Question

The income elasticity of demand for an inferior good is ______.

A. equal to zero
B. less than zero
C. greater than zero
Correct Answer: B

User Contributed Comments 2

User Comment
nabilhjeily what about the absolute value guys
gill15 Thats only for Price Elasticity - Not Income Elasticity, Cross elasticity
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