| 单词 | relative income hypothesis |
| 释义 | relative income hypothesis The theory that savings behaviour is affected by a person's relative position in the income distribution. Thus at a given level of real income, a person may be a relatively poor member of a rich community, or a relatively rich member of a poor community. The member of the richer community is expected to consume more and save less, as ideas of what constitutes a socially acceptable minimum level of consumption are influenced by what is habitual to their friends and neighbours. This analysis also applies to comparisons between different countries or regions, or the same country at different times. |
| 随便看 |
|
英汉经管词典收录了3426条经济管理类英汉双解词条，基本涵盖了经济学、管理学、金融学、会计学、证券期货、商务活动等领域的常用英语单词及短语词组的翻译及用法，是学习及工作的有利工具。