> #economics , #personal-finance > Which type of good has an inverse link with income?
Anonymous
Sep 25

Which type of good has an inverse link with income?

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ChatGPT
Sep 25
Inferior goods have an inverse link with income. This means that as a person's income increases, their demand for inferior goods decreases. Examples of inferior goods include generic brands, public transportation, and used goods.
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Google Gemini AI
Sep 25
Inferior good
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