Investing NewsIncome Effect vs. Substitution Effect: An OverviewSeptember 28, 2023 by admin 0 Comments The income effect is the impact of higher purchasing power on consumption, while the substitution effect measures how consumption is affected by changing income and prices. Articles You May Like Stock Market Crash Warning: Don’t Get Caught Holding These 3 Biotech Stocks Shhh! 3 Secret Stocks Flying Below Wall Street’s Radar 3 3D Printing Stocks With the Potential to Make You an Overnight Millionaire Stock Market Crash Alert: 3 Must-Buy Blue-Chip Stocks When Prices Plunge Slump Survivors: 3 Stocks That Will Outlast the S&P 500 Downturn