Century Dictionary and Cyclopedia
- n. The character of being inelastic; lack of elasticity.
- n. The quality of being inflexible.
- n. economics The insensitivity of changes in a quantity with respect to changes in another quantity.
GNU Webster's 1913
- n. Lack of elasticity.
- n. the lack of elasticity
“That's what short term inelasticity actually means.”
“The blog post you cite makes a strong assumption, namely inelasticity of demand for “not being a mother.””
“The cause of the unemployment is then identified as the inelasticity of the money supply.”
“Macaulay, -- Hazlitt, Lamb, De Quincey, Leigh Hunt, -- were fully his equals in precision, and yet they knew how to be clear, acute, and definite, without that edginess and inelasticity which is so conspicuous in”
“Therefore, I think the fundamental problem with Prescott's thesis is that it doesn't take into account price inelasticity.”
“I think that there IS a something that goes way beyond inelasticity being the real core of the problem.”
“The demand inelasticity has been reflected in the price.”
“Am I grossly overestimating the inelasticity of demand for gasoline?”
“The most striking thing about these figures (to my mind) is the remarkable inelasticity of both supply and demand.”
“That suggests a high degree of price-inelasticity.”
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