Good Y is an inferior good. If the average income of those who buy good Y rises, the curve for good Y will shift resulting in a(n) in the equilibrium price of Y and a(n) in the equilibrium quantity of Y.

a demand; leftward; decrease; decrease

Explanation:

Complete answers:

Good Y is an inferior good. If the average income of those who buy good Y rises, the demand curve for good Y will shift leftward resulting in a decrease in the equilibrium price of Y and a decrease in the equilibrium quantity of Y.

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