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<strong>MIME</strong> – Multi-purpose Internet Mail Extensions, a standard messaging protocol used to exchange text in languages with different character sets and multi-media email among many different computer systems that use internet mail.
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<strong>IPEDS</strong> – Integrated Postsecondary Education Data System, an annual report filed by postsecondary educational institutions to the U.S. Department of Education. IPEDS data is submitted to the National Center on Education Statistics (NCES).
despite a rise in its price. INCOME AND suBSTITUTION EFFECTS analysis is USed to explain this paradox: the income effect outweighs the substitution effect and there is a change in the sign of the income effect from positive to negative.<br /> In the figure, 11 and 12 are the indifference curves of a particular consumer faced with the choice between goods F and G. There is a fall in the price of good G (more of it can be obtained for a fixed amount of F) expressed by a shift in the budget line from AC to AD, but there is also a fall in the quantity demanded of it from Or to Oq as the income effect yz is more than the substitution effect xz. <br /><em>Reference</em><br />Boland, L.A. (1977) 'Giffen goods, market prices and testability', Australian Economic Papers 16: 72-85.<br /> Stigler, G.J. (1947) 'Notes on the history of the Giffen paradox', Journal of Political Economy 55: 152-6.
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