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Title: If the substitution effect of the real interest rate on saving is smaller than the income effect of Post by: johnpaul92 on Jan 30, 2016 If the substitution effect of the real interest rate on saving is smaller than the income effect of the real interest rate on saving, then a rise in the real interest rate leads to a ________ in consumption and a ________ in saving, for someone who's a lender.
A) rise; rise B) fall; fall C) rise; fall D) fall; rise Title: Re: If the substitution effect of the real interest rate on saving is smaller than the income effect Post by: supaman on Feb 4, 2016 Content hidden
Title: Re: If the substitution effect of the real interest rate on saving is smaller than the income effect of Post by: johnpaul92 on Feb 13, 2016 Appreciate your help, thank you again
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