Jisho

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けいすう 係数
Noun
1. Engel's coefficient; proportion of one's income spent on foodEconomics
Wikipedia definition
2. Engel's lawEngel's law is an observation in economics stating that as income rises, the proportion of income spent on food falls, even if actual expenditure on food rises. In other words, the income elasticity of demand of food is between 0 and 1. The law was named after the statistician Ernst Engel (1821–1896).
Read “Engel's law” on English Wikipedia
Read “エンゲル係数” on Japanese Wikipedia
Read “Engel's law” on DBpedia

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