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Translations for „income effect“ in the English » Arabic Dictionary (Go to Arabic » English)

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income effect
asymmetric income-effect

income effect ECON

income effect

تَأْثِيرُ الدَّخْلِ

asymmetric income-effect ECON

asymmetric income-effect

أَثَرٌ لَا تَمَاثُلِيٌّ لِلدَّخْلِ

Monolingual examples (not verified by PONS Editors)

English

This is termed the wealth effect (compare income effect), and is generally attributed to psychological feelings of confidence one feels rich, so one spends. en.wikipedia.org

In addition, purchasing power from the price decline increases ability to buy (the income effect). en.wikipedia.org

This is analogous to the definition of the income effect from the income elasticity of demand, or the substitution effect from the price elasticity. en.wikipedia.org

An example would be the hypothetical separation of the income effect and the substitution effect of a price change, which actually go together. en.wikipedia.org

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