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In this case, the price increase of upscale dinners causes the real income of the two friends todecrease . Because of the change to Kenji
In this case, the price increase of upscale dinners causes the real income of the two friends todecrease . Because of the change to Kenji and Lucia's real income and the direction of the income effect, upscale dinners are for the friends
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International Economics
Authors: Robert Carbaugh
15th edition
1285854357, 978-1305177093, 1305177096, 978-1285854359
