所しょ得とく効こう果か

noun

income effect

Economic term: the change in consumption caused by a change in real income, holding relative prices constant.

• 価か格かくが下さがると、所しょ得とく効こう果かによって実じっ質しつ的てきな購こう買ばい力りょくが上あがる。

  When prices fall, real purchasing power rises due to the income effect.