Collective consumption means -

Related MCQs

• Consumption function expresses the relationship between consumption and -
• The relationship between the rate of interest and level of consumption was first visualized by -
• Income and consumption are :
• The functional relationship between income and consumption expenditure is explained by -
• The excess of price a person is to pay rather than forego the consumption of the commodity is called -
• The Psychological law of consumption states that –
• Goods which are meant either for consumption or for investment are called -
• The Keynesian consumption function shows a relation between -
• When income increase, consumption also increases :
• A siuation where we have people whose level of income is not sufficient to meet the minimum consumption expenditure is considered as -