Economics · Economics
Which type of goods typically have a positive income elasticity of demand?
- 1Normal goods✓
- 2Inferior goods
- 3Giffen goods
- 4Veblen goods
Correct answer
Normal goods
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economics