经济学原理第五版英文答案Chapter21.pdfVIP

398 Chapter 21/The Theory of Consumer Choice for the future and decrease consumption when young. If the income effect is greater than the substitution effect, Sam will save less for the future and increase consumption when young. 7. Because of this ambiguity, it is not clear how changing the way interest income is taxed will affect overall savings rates. SOLUTIONS TO TEXT PROBLEMS: Quick Quizzes 1. A person with an income of $1,000 could purchase $1,000/$5 = 200 pints of Peps