Match List I with List II:
| List I - Nature of goods | List II - Income Elasticity (Ei) of demand |
| (A) Normal goods | (I) Ei is greater than one |
| (B) Inferior goods | (II) Ei is greater than zero |
| (C) Luxury goods | (III) Ei is between zero and one |
| (D) Necessities | (IV) Ei is less than zero |
Choose the correct answer from the options given below:
1
(A) - (II), (B) - (IV), (C) - (I), (D) - (III)
2
(A) - (III), (B) - (I), (C) - (IV), (D) - (II)
3
(A) - (II), (B) - (I), (C) - (III), (D) - (IV)
4
(A) - (I), (B) - (III). (C) - (II), (D) - (IV)