Inter-temporal doubt

[varnika1880]

With an increase in interest rate ...is it necessary that the agent will consume more in future and less at present

[Eco16]

I don't think so it is neceesary because it also depends on the weightage given to future consumption and present consumption. But I am not sure.

[urvashi]

Depends on whether the consumer was a borrower or saver it canbe seen through revealed preference after that