As Betsy's income decreases, her demand for magazines decreases. What type of good are magazines for Betsy? For Betsy, magazines are __ A. a substitute B. a normal good C. a complement D. an inferior good

## Step 1<br />The problem is about understanding the concept of different types of goods in economics. The types of goods are defined based on how the demand for them changes with changes in income.<br /><br />## Step 2<br />A normal good is one where the demand increases as income increases. This is the most common type of good.<br /><br />## Step 3<br />An inferior good is one where the demand decreases as income increases. This is the opposite of a normal good.<br /><br />## Step 4<br />A substitute good is one that can replace another good. For example, if the price of one good increases, consumers might switch to the other good.<br /><br />## Step 5<br />A complement good is one that is used together with another good. For example, if the price of one good increases, the demand for the other good might decrease.<br /><br />## Step 6<br />In this problem, Betsy's demand for magazines decreases as her income decreases. This indicates that magazines are an inferior good for Betsy.