The Slutsky equation shows that,holding the total effect constant,the income effect will be larger for goods that
A) have a smaller substitution effect.
B) make up a larger percentage of a household's budget.
C) have perfectly inelastic demand curves.
D) All of the above.

Question

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The Answer of The Slutsky equation shows that,holding the total effect constant,the income effect will be larger for goods that
A) have a smaller substitution effect.
B) make up a larger percentage of a household's budget.
C) have perfectly inelastic demand curves.
D) All of the above.

The Slutsky Equation Shows That,holding the Total Effect Constant,the Income