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What terms is defined as increase or decrease in purchasing power brought on by changing in price?
Wiki User
∙ 6y ago
income effect
Kaleb Becker
Wiki User
∙ 13y agoIncome effect
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Why did farmers favored inflation?
there was a decrease in the buying power of the dollar, brought about by too much money in circulation
A rise in prices brought about by an increase in the ratio of currency and credit to the good available?
youuuuuu
Define constant returns to scale?
My loose definition of constant returns to scale:Constant returns to scale occur when a given increase in output is brought about by the same proportional increase in returns.
What is a rise in prices brought about by an increase in the ratio of currency?
a rise in prices that occurs when currency loses its buying power
What is an example for economic opportunity?
Opportunity's such as an increase in certain facilities such as an athletic track or football pitch in an area or an increase in the number of jobs. Transport links may open up and new homes may be built all for the local people in a certain area. this may be brought about by the 2012 London Olympic games or the FIFA world cup.
Is changing the state of matter changing its material?
It may change its measurable properties but a simple state change is brought on by an increase or decrease the energy content of the material and does not alter the material from one material to another.
Why did farmers favored inflation?
there was a decrease in the buying power of the dollar, brought about by too much money in circulation
Why was television brought to Australia?
To decrease the population growth rate...
How reliable is purchasing my ticket from Ticketmaster?
Very very reliable! i brought lots of my tickets there :D
The Law of Return brought an increase in Israel's?
The Law of Return allowed for an increase in Israel's Jewish population.
Why was prohibition brought in in America?
Because some people felt that it would decrease crime and accidents.
What are the problems brought about by birth death and migration?
decrease in population, lower pension, lower capacity cost
Do you think Its about time that the death sentence be brought back because of increase crime rate?
maybe yes for the people who did very big crime like murder,rape etc to be a lesson for the others and with that they will not follow or immitate that crime and with that the crime rate of our country will decrease [- opinion only]
What brought about the Anglo-saxon race?
The increase in immigrants from southern and eastern Europe
The desire in the colonies to increase the production of staple crops like tobacco and r ice led to?
An increase in the number of slaves brought from Africa
What brought about the increase in trade in new Orleans in the early 1800?
Go to poopy world
What is a rise in prices brought about by an increase in the ratio of currency and credit to the goods available?
inflation
