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OpenStudy (anonymous):
Sam currently earns $30,000 per year. the governments is considering a policy that would increase sam's income by 12%, but raise all prices by 8%. what is sam's compensating variation for the proposed policy? can you compute it without knowing his preferences? why or why not?
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OpenStudy (anonymous):
help
OpenStudy (anonymous):
You cant becuaee you dont kniw what he buys ir how much he eats
OpenStudy (anonymous):
ok
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