When income increases, the demand curve for X shifts rightward ...

[jjjetplane]

When income increases, the demand curve for X shifts rightward and the demand curve for Y shifts leftward. These shifts mean that
 
  A) X and Y are complements.
  B) X and Y both normal goods.
  C) X is an inferior good and Y is a normal good.
  D) X is a normal good and Y is an inferior good.

Question 2

________ refers to an action that an individual with private information takes in order to convince others about his information.
 
  A) Sniping
  B) Signaling
  C) Hedging
  D) Speculating

[milbourne11]

Answer to Question 1

D

Answer to Question 2

B

[jjjetplane]

Excellent

[peter]

Thanks for the timely response, appreciate it