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Income
(redirected from Income elasticity)

   Also found in: Dictionary/thesaurus, Medical, Legal, Wikipedia, Hutchinson 0.04 sec.
Income
Money received by a person or organization because of effort (work) or from return on investments.

Notes:
This is the general term for all the money that ends up in your hands.



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? Mentioned in ? References in periodicals archive
 
income elasticity of imports is much higher than foreign income elasticity for U.
high income elasticity of demand -- a characteristic of certain products
Necessities usually have an income elasticity of zero, while luxury products have high income elasticities.
 
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