An interesting question.

If consumption of a good goes up when incomes fall it\’s referred to as an inferior good.

So, err, if the credit crunch means that spending on prostitutes is falling, what does this say about spouses?

3 comments on “An interesting question.

  1. ACO:

    That’s not really true. “Goods” are those things for which prices are asked and paid on the market. “Services” are merely the name for economic goods which are non-tangible.

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