The economists concluded that, just as theory predicts, most people's consumption varies as permanent income changes, but barely responds to temporary shocks.

这几位经济学家的结论是，就像理论预测的那样，大多数人的消费随着永久收入的改变而改变，对短期的冲击却很少调整。

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Going down to one income changes things. Things get tighter.

降至只有一份收入则改变了很多，使得局面变得更紧张。

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The effect of income changes on the consumption expenditure and the affecting degree are different in different areas of China.

收入变化对消费支出产生的影响及影响程度的大小，在全国及不同地区的具体表现各异。

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In fact, it's lower than the correlation of income changes, which is surprising.

事实上，比收入变化相关性还低，这很奇怪。

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Ultimately, the real income changes are comparable under the two systems, but the currency depreciation option does not require money wages and benefits to decline, where stickiness leads to unemployment.

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"There is still a huge extended over-valuation in the market - any change in the employment situation and consumer sentiment due to income changes will tend to push prices down, " Mr Stansfield says.

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There were three further divisions on Budget measures which the government also won, including those on child benefit changes for the higher paid and on income tax changes.

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