An Inferior Good Is a Good for Which Demand

question 208

Multiple Choice

An inferior good is a good for which demand

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

---

Definitions:

Traditionally Urban Jobs

Occupations commonly found in city environments, often relating to industries like finance, services, and technology.

Rural Rebound

A demographic trend where people move from urban to rural areas, often seeking improved quality of life or to escape the congestion of cities.

Urban Boomerang

The phenomenon where individuals leave urban areas for rural or less dense areas, only to return to the city after a period.

Social Movement

An organized collective effort by a large group of people to bring about or resist social change, often aiming to address societal issues or grievances.