In addition, the statement said the large devaluations that some Asean currencies have suffered against the European currencies could prompt some substitution effect.
32.
Where it slopes upwards to the left ( showing a negative wage elasticity ), the income effect is greater than the substitution effect.
33.
The substitution effect increases the amount demanded of good \ Y from \ Y _ 1 to \ Y _ s in the diagram.
34.
The BLS estimates that failure to adjust for this " substitution effect " could result in a 0.1 percent to 0.2 percent overstatement in inflation.
35.
The BLS estimates that failure to adjust for this " substitution effect " could result in an 0.1 percent to 0.2 percent overstatement in inflation.
36.
The added worker effect results when the income effect dominates the substitution effect in an individual's decision whether or not to participate in the labor market.
37.
Where the supply curve is sloping upwards to the right ( showing a positive wage elasticity ), the substitution effect is greater than the income effect.
38.
Called the CPI-U-XG, the experimental index measures prices to account for the so-called substitution effect : people's tendency to switch to cheaper goods when prices rise.
39.
The experimental index, officially called the CPI-U-XG, measures prices to account for the so-called substitution effect : people's tendency to switch to cheaper goods when prices rise.
40.
The new index, officially called the CPI-U-XG, measures prices to account for the so-called substitution effect : people's tendency to switch to cheaper goods when prices rise.
