It would probably be more of an income effect: as income grows, demand is heightened.
On February 6th, 2012. See this statement in context.
On February 6th, 2012. See this statement in context.
February 6th, 2012 / 5:15 p.m.
Professor, Department of Resource Economics and Environmental Sociology, University of Alberta
It would probably be more of an income effect: as income grows, demand is heightened.
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