Ratio of consumption expenditure to any particular level ofincome

Related MCQs

• Who first introduced the concept of circular flow ofincome?
• When disposable income risesfrom Rs 500 to Rs 600 and consumption expenditure changes from Rs 470 to Rs 560, MPC will be equalto
• The slope of the consumption function is called
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• Who propounded Psychological law of consumption
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• Which of the following can cause shifts in consumption function:
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