Edited, memorised or added to reading list

on 05-Jun-2016 (Sun)

Do you want BuboFlash to help you learning these things? Click here to log in or create user.

Flashcard 1343469522188

[unknown IMAGE 1343462444300]
Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #has-images #schweser
Question
A Giffen good is an inferior good for which the [what outweighs what] when price falls.
Answer
negative income effect outweighs the positive substitution effect


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

Open it
A Giffen good is an inferior good for which the negative income effect outweighs the positive substitution effect when price falls.

Original toplevel document (pdf)

cannot see any pdfs