Economists decompose the impact of an increase in the real-09177
Economists decompose the impact of an increase in the real interest rate on consumption into two effects: an income effect and a __________.
This multiple choice question (MCQ) is related to the book/course
vu eco403 Macroeconomics.
It can also be found in
vu eco403 Final Term - Quiz No.2.
Economists decompose the impact of an increase in the real interest rate on consumption into two effects: an income effect and a __________.
substitution effect
addition effect
cross effect
Multiplication effect
