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UPSC 2021 • Q4Indian Economy & Socio-Economic DevelopmentMedium
National Income Accounting & Growth Metrics
Consider the following statements: Other things remaining unchanged, market demand for a good might increase if 1. price of its substitute increases 2. price of its complement increases 3. the good is an inferior good and income of the consumers increases 4. its price falls. Which of the above statements are correct?
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