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Income and price elasticities of demand at low levels of real income |
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| Authors: | Henri Theil Renate Finke |
| Institution: | University of Florida, Gainesville, FL 32611, USA |
| Abstract: | For levels of real per capita income starting at 3% of the U.S. per capita income in 1975, income and price elasticities of demand are tabulated. The prominent role of food consumption for low-income households is emphasized. |
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