The Price Effect Is Equal to the

question 116

Multiple Choice

The price effect is equal to the

• A) substitution effect.
• B) substitution effect plus the income effect.
• C) marginal rate of substitution minus relative prices.
• D) substitution effect minus the income effect.

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Refugee

A person forced to flee their country due to persecution, war, or violence.

Foreign Born

Individuals who were born outside of the country they currently reside in, regardless of their current citizenship or nationality.

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Individuals born in the country they currently reside in, as referenced in the context of an educational setting alongside others who may be immigrants or international students.

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The extent to which a student has attained their short or long-term educational goals.