What does the data suggest about the relative impact of the substitution effect and income effect of a change in interest rates on consumption and saving?

Name: What does the data suggest about the relative impact of the substitution effect and income effect of a change in interest rates on consumption and saving?
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The Answer of What does the data suggest about the relative impact of the substitution effect and income effect of a change in interest rates on consumption and saving?

What Does the Data Suggest About the Relative Impact of the Substitution