According to Permanent Income hypothesis when income permanent-09249
According to Permanent Income hypothesis, when income permanent income then:
This multiple choice question (MCQ) is related to the book/course
vu eco403 Macroeconomics.
It can also be found in
vu eco403 Final Term - Quiz No.9.
According to Permanent Income hypothesis, when income permanent income then:
Average Propensity to Consume rises
Average Propensity to Consume falls
Average Propensity to Consume remains constant
Average Propensity to Consume first falls then rises
