If the Demand for One Good Decreases When the Price

question 49

Multiple Choice

If the demand for one good decreases when the price of another good increases, the two goods are ________ goods.

• A) normal
• B) inferior
• C) complementary
• D) substitute

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Definitions:

National Intelligencer

A newspaper published in Washington D.C. from 1800 to 1870, which became an influential publication in American politics during the early 19th century.

Inaugural Address

A speech given during a ceremony that marks the beginning of a leader's term in office, often setting the tone and direction for their administration.

Federalist

An advocate or supporter of federalism, particularly referring to members of a political group in the United States in the late 18th and early 19th centuries that supported a strong centralized government and the ratification of the US Constitution.