The Effects of a Reduction of Welfare on Food Prices

Abstract: This 5 page paper considers the hypothetical situation of a 50% reduction in food stamps and determines the possible effects that this would have on food prices. Elasticity, cross elasticity and the power of substitutes are all discussed. The paper includes one graph and the bibliography cites 5 sources.

Filename: TEfodsta.wps.

Pages: 5

Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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