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Suppose that you observe that when the price of Good 1 increases, the total consumption of...

Suppose that you observe that when the price of Good 1 increases, the total consumption of Good 1 decreases by 1. Suppose further that you know that with the new prices, holding utility constant, the consumer would have chosen to consume 17 less units of the good (substitution effect). What is the magnitude of the income effect and what type of good is it?

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