We typically assume that
A) both consumption and leisure are normal goods.
B) consumption is a normal good and leisure is an inferior good.
C) consumption is an inferior good and leisure is a normal good.
D) both consumption and leisure are inferior goods.
E) both consumption and leisure and complimentary goods.

Question

Quizplus · Accepted Answer

It is generally agreed upon in economics that both consumption and leisure are normal goods, meaning that as income increases, individuals will desire to consume more of both goods.

We Typically Assume That