• 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)。

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  • 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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  • 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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