See Also: Income effect of higher prices(finance)
Substitution effect of higher prices(finance)
Income effect of higher wages(finance)
Substitution effect of higher wages(finance)
Prices (of equity)(finance)
Prices (of equity)(money)
Market prices(money)
Break in prices(finance)
Tissue Prices - General(gambling)
Monetary union index of consumer prices(finance)

chou (iou) and Income effect of higher prices (finance)


chou (iou)



chou noun1. Also choux (pronounced same). Pl. choux. E18.
[French = cabbage from Latin caulis.]
A small round cake of pastry filled with cream etc. E18.
A rosette or ornamental knot of ribbon, chiffon, etc., on a woman's hat or dress. L19.
Comb.: choux pastry a very light pastry enriched with eggs.

Income effect of higher prices (finance)


When the price of a necessary good rises, consumers' real income and spending on all goods falls.