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DerKrebs [107]
3 years ago
13

Which phrase describes the income effect?

Social Studies
1 answer:
andrew-mc [135]3 years ago
6 0

Explanation:

The income effect is  the impact that a change in the price of a product has on a consumer's real income and consequently on the quantity demanded of that good.

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Why have so few banking executives, or any white-collar criminals, been held criminally liable for actions that cost more and ha
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