In cities with inelastic supply, where speculation is possible, there was heavy use of IOs, but only in cities that had boom-bust cycles.

在那些无弹性房屋供应、允许投机的城市，IOS被大量应用，但仅限于存在繁荣-萧条周期的城市。

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The 1970s showed how demand and supply, inelastic in the short run, eventually give rise to conservation and new production.

20世纪70年代两次石油危机表明供给与需求，在短期内无弹性的状态下，最终会导致储备及新产品的出现。

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European nations tried to resume the gold standard in the 1920s, but the gold supply was insufficient and inelastic.

欧洲国家曾试图在二十世纪二十年代恢复金本位，但是黄金供应量不足且缺乏弹性。

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Some people would say that real estate in a geographically contained space like San Francisco is inherently in inelastic supply.

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In other words, in markets with an inelastic supply of homes, the MID will increase the prices of homes rather than their quantity.

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The fundamental point is that, in the presence of inelastic supply curves, demand-side subsidies face a headwind of adverse price effects, while direct public provision gets a tail wind of favorable price effects.

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