Economics Multiple Choice Question – 21 January 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Georgina buys more sweaters when her income increases. For Georgina, sweaters are a …….?
Select ONE answer:

  1. Inferior good
  2. Normal good
  3. Substitute
  4. Compliment

What is meant by “an inferior good”?……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Economics KS5 classes.

The answer is 2

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