elasticities's Usage Examples:

If the long-run export and import elasticities equal .

In an epoch characterized by monopolies, oligopolies, monopsonies, monopolistic antagonism and polymorphous inelasticities, our policies.

Note that a common source of confusion is the price used in the elasticities, which determines whether an elasticity is positive or negative.

This pattern of a short run worsening of the trade balance after depreciation or devaluation of the currency (because the short-run elasticities add up to less than one) and long run improvement (because the long-run elasticities add up to more than one) is known as the J-curve effect.

properties, called control coefficients, depend on local properties called elasticities.

For example, the "selected income elasticities" below suggest that an increasing portion of consumers" budgets will.

also equivalent to elasticities.

Various research methods are used to calculate price elasticities in real life, including analysis of historic sales data, both public.

Similarly, if the economy starts out with a trade deficit and X - eM < 0, the elasticities have to add up to more than 1 for depreciation to improve the balance of trade, because the initial harmful price effect is bigger, so the quantity responses have to be bigger to compensate.

) elasticities: dimensionless parameters that capture behavioural response.

in terms of slopes, but they are more commonly described in terms of elasticities.

Approximate estimates of the cross price elasticities of preference-independent bundles of goods (e.

Synonyms:

temper, bounciness, stretchiness, resiliency, physical property, toughness, resilience, stretchability, stretch, snap, springiness, spring, bounce, elasticity of shear, give,

Antonyms:

take, withdraw, deny, borrow, inelasticity,