Question: Normal and inferior goods are differently impacted by recessions. Examples include new cars versus fast food. The text book examples include jwelery, gourmet pet food,

Normal and inferior goods are differently impacted by recessions. Examples include new cars versus fast food. The text book examples include jwelery, gourmet pet food, dollar general stores. Consider the impact of economic recessions and expansion on normal goods. secondly, how revenues of inferior goods producers are expected to be affected by economic recessions and expansions. please dont copy paste previous answers. please give answers with reference. Thanks

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