The income effect is far more powerful than the substitution effect.
收入效应远远比替代效应强大。
The first, analyze the family saving income effect and substitute effect.
第一,分析对家庭储蓄的收入效应和替代效应。
CONCLUSION: 1. Education and income effect patients' action of taking hospital treatment; 2.
结论:1.学历和收入水平影响患者的就医行为;
As the price of a commodity rises, overall purchasing power decreases (the income effect) and consumers move toward relatively less expensive goods (the substitution effect).
商品的价格提高,整体的购买力下降(收入效应),消费者转向购买相对价格低的商品(替代效应)。
Weather the income tax influence on saving behavior is positive or negative depends on the net effect of income effect and substitute effect resulted by the tax saving.
所得税对储蓄行为的影响是积极的还是消极的,取决于税收储蓄的收入效应与替代效应的相对大小。
Weather the income tax influence on saving behavior is positive or negative depends on the net effect of income effect and substitute effect resulted by the tax saving.
所得税对储蓄行为的影响是积极的还是消极的,取决于税收储蓄的收入效应与替代效应的相对大小。
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