Before revision: Description: Fisher model Assumptions of the model consumer's income is constant maximization of the utility anything above the line is out of explanation investments are generators of savings any property is indivisible and unchangeable According to this model there are three types of consumption: past, present and future.
After revision: Fisher model Assumptions of the model consumer's income is constant maximization of the utility anything above the line is out of explanation investments are generators of savings any property is indivisible and unchangeable According to this model there are three types of consumption: past, present and future.