Ask Question

Which phrase describes income effect

+4
Answers (1)
  1. 20 June, 00:41
    0
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which phrase describes income effect ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers