WAEC Economics 2018 Objective — Question 8
Question 8 of 50 from the West African Examinations Council (WAEC) Economics 2018 Objective paper, with the correct answer and a full explanation.
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Goods whose demands vary directly with money income are called
- A. inferior goods
- B. complementary goods
- C. substitute goods
- D. normal goodsCorrect
Explanation
Normal goods are those for which demand increases as income increases (varies directly with income).
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