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MMLU-Pro / 7533 / What is meant by the term "normal goods"?

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

What is meant by the term "normal goods"?

category

economics

options

  1. Normal goods are those whose demand is independent of income.
  2. Normal goods are those whose demand curve shifts downward with an increase in income.
  3. Normal goods are those whose consumption is deemed socially unacceptable as income rises.
  4. Normal goods are those whose demand curve shifts upward with a decrease in income.
  5. Normal goods are those whose demand curve varies directly with income.
  6. Normal goods are those that are replaced by inferior goods as income increases.
  7. Normal goods are those whose demand decreases as income increases.
  8. Normal goods are those for which demand does not change regardless of changes in the prices of related goods.
  9. Normal goods are those that are only purchased by consumers with above-average income.
  10. Normal goods are those whose demand increases only with a decrease in the price of complementary goods.

src

stemez-Economics

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Source and history

upstream_id / Original problem ID
7533
task_id
4882778c-a458-50ed-9729-5190ce504a36
task_key
default--test--7533
task_revision_id
1
config / split
default / test

Official source

initial import