What must be true of the income elasticity of the other good

Reference no: EM133442414

Question: Income effects depend on the income elasticity of demand for each good that you buy. If one of the goods you buy has a negative income elasticity, that is, it is an inferior good, what must be true of the income elasticity of the other good you buy? (Please be specific in your answer.)

Reference no: EM133442414

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