Author Question: An inferior good is a good for which demand A) decreases when income increases. B) increases ... (Read 65 times)

jwb375 · **on:** Jun 29, 2018

An inferior good is a good for which demand

A) decreases when income increases.
B) increases when income increases.
C) decreases when population increases.
D) increases when population increases.

Question 2

Whenever somebody deposits a check from bank A into a checkable deposit at bank B, bank A's reserves ________ and bank B's reserves ________.

A) increase; decrease
B) increase; increase
C) decrease; decrease
D) decrease; increase
E) do not change; do not change