👉 Non-elasticity is a concept in economics and finance that describes how an economic variable, such as interest rates or inflation, changes over time without reaching its equilibrium level. This means that the value of the variable does not change significantly until it reaches a certain point where the effects of the underlying factors become negligible. Non-elasticity can be measured using the concept of elasticity, which measures the ratio between the percentage change in the dependent variable and the percentage change in the independent variable over time. Non
