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Business, 07.11.2019 21:31 bugbug26

Which phrase describes the income effect?
the effect of demand and supply on income earned by producers

the impact of price on consumersā€™ purchasing ability and decisions

the increased income earned by suppliers because of high prices

the impact of consumersā€™ income on the supply of a product

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Which phrase describes the income effect?
the effect of demand and supply on income earned by...
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