Unformatted text preview: ) c. (1 points) Marshall-Lerner condition - page 316 (explain) d. (1 points) Domestic Income Effect (explain) e. (1 points) Domestic Price Effect (explain) f. (1 points) Redistribution of Domestic Resources (explain) 3. (2 points) Read Chapter 14 from the textbook and explain/summarize Absorption Approach...
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- Fall '10
- Microeconomics, Following, Relative price, Domestic Income Effect, Domestic Price Effect