| 词汇 | income-effect |
| 释义 | income effect noun[ C ] ukus ECONOMICS the effect of changes in things such as prices, taxes, and costs of services on people's incomes: The higher the proportion of borrowing that is at variable interest rates, the bigger the income effect when interest rates rise. Examples of income effectincome effect This means demand for these goods is perfectly inelastic; the incomeeffect equals the substitution effect. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. An example would be the hypothetical separation of the incomeeffect and the substitution effect of a price change, which actually go together. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This explains the negative incomeeffect on consumption. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This is termed the wealth effect (compare incomeeffect), and is generally attributed to psychological feelings of confidence one feels rich, so one spends. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The first term on the right-hand side represents the substitution effect, and the second term represents the incomeeffect. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The book decomposes the change into the substitution effect and the incomeeffect. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. However, given the pro-cyclical nature of labor, it seems that the above substitution effect dominates this incomeeffect. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Then the incomeeffect from the rise in purchasing power from a price fall reinforces the substitution effect. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In addition, purchasing power from the price decline increases ability to buy (the incomeeffect). From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Indirect rebound effects come about from the incomeeffect as decreased costs enables increased household consumption of other goods and services. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
| 随便看 |
|
反思网英语在线翻译词典收录了377474条英语词汇在线翻译词条，基本涵盖了全部常用英语词汇的中英文双语翻译及用法，是英语学习的有利工具。