MLchartDataset catalogue

Income effect

Term · Environment · MLC-T-ENV-014025

The income effect is a consumer’s reaction with respect to purchases of a commodity to changes in their income, prices remaining constant.

Table 1. Record
IdentifierMLC-T-ENV-014025
FieldEnvironment
SubjectBiological substances
ReferencesUSGS Professional Paper 1683 Version 1.0 The Role of Geoscience Information in Reducing Catastrophic Loss Using a Web-Based Economics Experiment at http://pubs.usgs.gov/pp/1683
Record as JSON 
{
  "id": "MLC-T-ENV-014025",
  "term": "Income effect",
  "field": "Environment",
  "term_source": "Income Effect",
  "definition": "The income effect is a consumer’s reaction with respect to purchases of a commodity to changes in their income, prices remaining constant.",
  "subject": "Biological substances",
  "references": [
    "USGS Professional Paper 1683 Version 1.0 The Role of Geoscience Information in Reducing Catastrophic Loss Using a Web-Based Economics Experiment at http://pubs.usgs.gov/pp/1683"
  ],
  "url": "https://mlchart.com/terminology/environment/income-effect/"
}

Record 13,671 of 29,894 in Environment terminology (MLC-0121). Request the full dataset.