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Investments glossary

Normal Good


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Quotes of the day:

All that is gold does not glitter not all those that wander are lost.

— J. R. R. Tolkien

A normal good is a good that experiences an increase in its demand due to a rise in consumers’ income. In other words, if there’s an increase in wages, demand for normal goods increases while conversely, wage declines or layoffs lead to a reduction in demand.

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