Income effect definition

Income effect means the short term and long term change in a customer’s energy use that is induced by a change in the amount of disposable income available to the customer.
Sample 1Sample 2Sample 3
Income effect means the change in a customer’s energy use that is induced by a change in the amount of disposable income available to the customer.
Sample 1

Examples of Income effect in a sentence

  • We then use IMPLAN to estimate the total reduction in consumer demand, including multiplier effects.22 Row 6 then translates these results into numbers of jobs.Panel C: Income effect-- cumulative increases in wages from proposed minimum wage increasePanel C of Table 10 presents the estimated income effect: increases in consumer demand deriving from increased incomes of low-paid workers.

  • Income effect While economic efficiency means that a one-off wealth tax minimises disincentive effects on behaviour, this does not mean that the tax is without any prospective effects at all.

  • Income effect indicates that, other things being equal, increase in income increases the satisfaction of the consumer.

  • These changes are known as (1) Income effect (2) Substitution effect and (3) Price effect, respectively.

  • Consumer’s equilibrium, Price effect, Income effect and Substitution effect.

  • Quality control (QC) was accomplished by the submission of blank and duplicate samples, totalling some 6.6% of NAN's 1628 sample suite (NAN holes + SGU checks).

  • TABLE 3 Net Effect of Trade Agreements on the Median Wage (Percent) Income effect (%) Inequality effect (%)Net effect (%)SmallLarge SmallLarge (1) As Table 3 shows, the median wage will most likely fall as a result of any future trade agreements.

  • Income effect: increase in consumer demand Increase in number of jobs due to the income effect17,000Percent increase in number of jobs due to the income effect1.3%D.

  • Income effect: increase in consumer demand Change in number of jobs due to income effect (thousands)1,520Percent increase in number of jobs due to income effect1.1%D.

  • The result is an estimated negative effect of 9,000 jobs from this channel.Panel C: Income effect-- cumulative increases in wages from proposed minimum wage increasePanel C of Table 9 presents the estimated job increases because of the income effect: increases in consumer demand deriving from increased incomes of low-paid workers.

Related to Income effect

  • Scheme Effective Date means the date on which a copy of the High Court order sanctioning a Scheme is duly filed on behalf of the Target with the Registrar of Companies in accordance with section 899 of the Companies Act.

  • Amendment Date has the meaning set forth in the preamble.

  • Acquisition Date With respect to any REO Property, the first day on which such REO Property is considered to be acquired by the Trust Fund within the meaning of Treasury Regulations Section 1.856-6(b)(1), which is the first day on which the Trust Fund is treated as the owner of such REO Property for federal income tax purposes.

  • Restatement Date means the earlier to occur of (i) the date the Board, a committee of the Board or the officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (ii) the date a court, regulator or other legally authorized body directs the Company to prepare an Accounting Restatement.

  • Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Policy Anniversary means the annual anniversary of the Date of Commencement of Risk;