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compensating variation
| Source |
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| Contributor |
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| Approved |
Yes |
| English term |
compensating variation |
| Language |
Translations |
| French |
variation compensatoire |
| English definition |
the change in income necessary to restore the consumer to its original level of utility after a price change. [GBA] |
| Language |
Translations |
| French |
changements de revenus nécessaires pour restaurer le pouvoir d’achat du consommateur à son niveau initial après un changement de prix. [GBA |
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