Social and Cultural Dynamics ...: FLuctuation of social relationships, war, and revolution |
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Strana 18
... the usual income and substitution effects . The substitution effect will be
negative as usual . Since the time cost per 18 * = e(P,W,v,...
... the usual income and substitution effects . The substitution effect will be
negative as usual . Since the time cost per 18 * = e(P,W,v,...
Strana 19
The income effect will be indeterminate because for a given T , an individual can
consume more of everything , so dx şo . Agencies supplying " free " goods view
the process differently . In supplying physical input " free " to an individual , they ...
The income effect will be indeterminate because for a given T , an individual can
consume more of everything , so dx şo . Agencies supplying " free " goods view
the process differently . In supplying physical input " free " to an individual , they ...
Strana 42
Since the magnitude of this benefit is not observable , its effect will appear in the
constant term . The sign of B , is unpredictable because C , is the product of the
client ' s time index and his monthly opportunity earnings . If we have two clients ...
Since the magnitude of this benefit is not observable , its effect will appear in the
constant term . The sign of B , is unpredictable because C , is the product of the
client ' s time index and his monthly opportunity earnings . If we have two clients ...
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agency allocated alterations amount assumed average basis becomes benefits budget Chapter choice client combining commodities considerations constraint consumption cost defined Department depend determined developed disability type discounted district economic Education effect empirical equilibrium consumptions estimated examination expanded expected forecasts formulations future periods give given Government Health human implies included income income effect increase individual individual's demand inputs interest investment activities larger less limited marginal maximize maximum Michigan month multiperiod nature necessary needed negative observations obtained Office opportunity earnings parameter particular payments period physical poor positive present present period production functions production possibilities quantity received recipient recorded regressions relation relationship service demanded significant social statistics substitution effect supply TABLE term tion unit of service unless utility variables vocational rehabilitation services wage prediction equation wage rate weekly earnings welfare zero