Use the concepts of income effect and substitution effect to explain why the effect on desired saving

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Use the concepts of income effect and substitution effect to explain why the effect on desired saving of an increase in the expected real interest rate is potentially ambiguous.

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Question Posted: Apr 01, 2016 03:46 AM

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Use the concepts of income effect and substitution effect to explain why the effect on desired saving

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Macroeconomics

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