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    Exam 8: Wealth and Substitution Effects in Labor and Capital Markets
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    The More Substitutable Current Consumption Is with Future Consumption, the More
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The More Substitutable Current Consumption Is with Future Consumption, the More

Question 11

Question 11

True/False

The more substitutable current consumption is with future consumption, the more likely it is that an increase in the interest rate will cause an increase in savings.

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