which phrase describes income effect

Answers

Answer 1

Answer: Income effect refers to the change in an income earned by an individual and with a percentage change upward or downward impacts consumer buying/ purchasing power of it

Explanation: You didn't put the answer choices so ii couldn't tell you exactly which one.

Answer 2

Answer:

the impact of price on consumers’ purchasing ability and decisions

Explanation:

it's on plato and trust me I got it right :)


Related Questions

Why do we need elections in a democratic country?

Answers

The nature of democracy is that elected officials are accountable to the people, and they must return to the voters at prescribed intervals to seek their mandate to continue in office. For that reason most democratic constitutions provide that elections are held at fixed regular intervals.

The Constitution party advances a conservative approach to issues and would most likely support policies that __________.
A.
reflect our basic principles
B.
disregard the Bill of Rights
C.
expand the role of the government
D.
expand our foreign policy intervention

Answers

Answer:

A

Explanation:

This would be so because to take a conservative approach, not much would change. A conservative outlook would support past laws, etc.

Answer:

a

Explanation:

In this quotion, who are “they”?
Republicans
slaveholders
African Americans

Answers

Show the quotation please then I can answer it :)

Answer:

African Americans

Explanation:

i just got this right on edg

The United States hopes the containment policy would ________
A. Make Every country stay within its own borders.
B.Hold back the spread of communism.
C. Stop the Cold War.
D. Keep food prices down.

Answers

A !.!.!.!.!!.!.!.!.!.!.!.!!..!!..!!.!.!.!.!.!.!.!.!.!.!.!!.

Answer:

A. Make Every country stay within its own borders.

Explanation:

-3-

The Democratic-Republicans supported all of the following principles EXCEPT ___________.
A.
increased power to the states
B.
a weak central government
C.
a loose interpretation of the Constitution
D.
opposition the Federalist agenda

Answers

Answer:

C. A loose interpretation of the Constitution

Explanation:

Thomas Jefferson, along with many people in the Demo-Republican party, believed in a strict interpretation of the Constitution.

Answer:

The Answer is C

Explanation:

Which rights are included In both Florida declaration of rights and the us constitution

Answers

The rights are included in both the Florida Declaration of Rights and the US Constitution are: trial by jury, claimant’s right to fair compensation  and protection from unreasonable search & seizure.

Explanation:

The United States' draft is commandant for entire country or territory/states. The Florida constitution is a Constitution of the US STATE, as it has all the same content as the Constitution of the United States, but the States involve broader and have more rights and information.

'Declaration of Rights' in Section I from the Florida states, that the death penalty is not illegal. Search and seizure, and cruel and unusual safeguards from punishment shall be consistent with the definition of those rights by the United States Supreme Court.

trial by jury

claimant’s right to fair compensation

protection from unreasonable search and seizure

Answer:

It was due to process of law and freedom of speech.

Explanation:

Which country is most likely to have large oil and natural gas reserves? Why?

Answers

Answer:

china. China is number one on the list for having the most natural resources estimated to be worth a lot of money

Explanation:

Why was the 14th Amendment necessary, after the Civil Rights Act of
1866? *

Answers

Answer: The 14th amendment to the U.S constitution ratified in 1868 granted citizenship to all persons born or naturalized in the untied states including former slaves and guaranteed all citizen equal protection of laws.

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