A.12 Paasche index | Consumption - Microeconomics

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This video helps understand how the Paasche index and the equivalent variation work. We start by analyzing the Paasche index analytically, then use a graphical representation to explain what the equivalent variation is.
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This week's featured video: Paasch index. This video will help you understand both analytically and graphically how the index and the equivalent variation works.
A.12 Paasche index | Consumption - Microeconomics
Learn, and enjoy!

[@Phazratali786]

Q; HOW DOES PERMANENT INCOME HYPOTHESIS EXPLAIN SHORT RUN MPC IS LOWER THAN THE LONG RUN MPC ?
DO YOU THINK THAT THE SHORT RUN MPC OF SOME ONE WHOSE INCOME IS HIGHLY VARIABLE WILL BE RELATIVE LOW ? WHY?

[@bingchen2595]

like reading a text book

[@moghazimohamed6140]

مفيش عربي😂😂

[@bingchen2595]

so confused.