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Meaning of Engel curve | Babel Free

Noun CEFR B2

Definitions

A theoretical economic curve that describes how household expenditure on a particular good or service varies with household income.

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

Engel's law engelang engelanger Engelbeorht Engelberg Engelbert