I'm a bit skeptical if the term FRP really applies here. The usual FRP programs are written so that you first define a few primitive signals (I use the term signal for the sake of this thread being about Elm) and then use them together with a set of combinators to build up a entire signal network that defines the program. In Elm you already have the primitives and then just step state like you would do in a FP language normally.

Elm is theoretically classic FRP with a option of a arrow interface, but the combinators for building signal networks is not provided by defult. Therefore I feel its a bit unfair to call it FRP and not having a prefix explaining that its a derivitive there of.