Examlex
Explain with specific examples the following statement: "Canadian courts are strictly neutral in partisan politics,but they still play an important role in the political process.Their decisions about cases sometimes have the same effect as legislative outputs from Parliament,or policy outputs from the executive or bureaucracy,or even amendments to the Constitution."
Income Effect
A change in the consumption patterns of individuals or economies due to a change in real income or purchasing power.
Labor-Supply Curve
A graphical representation showing the relationship between the quantity of labor supplied by workers and the wage rate.
Income Effect
How an alteration in income levels for a person or economy affects the demand for a particular good or service.
Substitution Effect
The change in quantity demanded of a good that results from a change in price, making the good more or less costly relative to other goods.
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