Examlex
When Julius Caesar adopted Octavian as his heir:
Income Effect
The modification of income for people or economies and how this adjustment affects their purchasing desires for goods or services.
Inferior Good
A type of good for which demand decreases as the income of the consumer increases, typically because consumers can afford better alternatives.
Substitution Effect
The change in consumption patterns due to a change in relative prices, leading consumers to substitute one good for another more or less expensive good.
Income Effect
The change in an individual's or an economy's consumption resulting from a change in real income.
Q2: The Zealots were a group of Jews
Q4: The 1996 immigration law required sponsoring family
Q6: By the end of the third century,the
Q6: During the Babylonian Captivity,the papacy's administrative control
Q14: Acquiescing to Russian President Putin's seizure of
Q33: Following the decline in Akkad,a new dynasty
Q35: Increasing European interest in African gold was
Q48: In what ways did Greek and Macedonian
Q63: Hugh Capet claimed the title "King of
Q65: The Mongol Empire was the largest empire