Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
In economics, goods that sell more when incomes contract are called "inferior" goods (not related to quality) and goods that sell more when incomes rise are called "normal" goods.
Examples of inferior goods are generic jeans, generic shoes etc
Examples of normal goods are automobiles and luxury handbags
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.