Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
The sensitivity of [...] to change in income is termed income elasticity.
Answer
quantity demanded (or "demand" seems to be right term as it is an input other than price)
Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
The sensitivity of [...] to change in income is termed income elasticity.
Tags
#2015 #book-2 #cfa #cfa-level-1 #economics #schweser
Question
The sensitivity of [...] to change in income is termed income elasticity.
Answer
quantity demanded (or "demand" seems to be right term as it is an input other than price)
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Parent (intermediate) annotation
Open itThe sensitivity of quantity demanded to change in income is termed income elasticity.Original toplevel document (pdf)
owner:
iamcfa - (no access) - 2015 CFA Level 1 Study Schweser Book 2 - Economics, p35
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