TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

INCOME ELASTICITY [1 record]

Record 1 2002-01-15

English

Subject field(s)
  • Laws of the Market (Economy)
  • Economic Conditions and Forecasting
DEF

A measure of the change in supply and/or demand as income changes.

CONT

... consumption function analysis is a rich and controversial field of economic research and there is no agreement on the definitive estimates of the income elasticity of demand for goods and services.

French

Domaine(s)
  • Lois du marché (Économie)
  • Prévisions et conjonctures économiques
DEF

Faculté de la demande de s'accroître en fonction de l'augmentation des revenus.

Spanish

Campo(s) temático(s)
  • Leyes del mercado (Economía)
  • Previsiones y condiciones económicas
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