The effect of a change in income on the quantity of the good-09033
The effect of a change in income on the quantity of the good consumed is called the:
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Mid Term - Quiz No.9.
The effect of a change in income on the quantity of the good consumed is called the:
Income effect.
Budget effect.
Substitution effect.
Real income effect.
