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In Irving Fisher's two period model, if the consumer is initially a saver and the interest rate and the first period consumption increases, then we

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In Irving Fisher's two period model, if the consumer is initially a saver and the interest rate and the first period consumption increases, then we can conclude that the income effect: a) Was greater than the substitution effect b) Was less than substitution effect c) Exact offset the substitution effect d) And the substitution effect both increased consumption

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