下か級きゅう財ざい

noun

inferior good

Economics term: a good whose demand falls when consumer income rises. Contrast with 上級財 (normal good).

• 経けい済ざい学がくでは、所しょ得とくが増ふえると需じゅ要ようが減へるものを下か級きゅう財ざいと呼よぶ。

  In economics, goods for which demand decreases as income increases are called inferior goods.