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on 27-Jan-2016 (Wed)

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Flashcard 9826340108

Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
the income effect can either increase or decrease consumption of a good that [...]
Answer
has fallen in price

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

Parent (intermediate) annotation

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the income effect can either increase or decrease consumption of a good that has fallen in price

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