What is another word for normal good?
Pronunciation: [nˈɔːmə͡l ɡˈʊd] (IPA) 
A normal good is a type of economic good for which demand increases or decreases along with income. Similar concepts to normal goods include "superior goods," which refer to luxury items that become more popular as income increases, and "inferior goods," which are consumed less as income rises-think of ramen noodles versus steak. Another term, "complementary goods," describes products that are typically consumed or purchased together, like ketchup and french fries. Conversely, "substitute goods" are products that can serve as alternatives to each other, such as coffee and tea. By understanding these various categories of goods, economists can better predict consumers' behavior and make more accurate economic forecasts.
