Economics · Macroeconomics

According to Kaldor's theory of income distribution:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1the less the workers save, the more they earn
2the more the capitalists save, the more they earn
3the more the workers spend, the more they earn
4the more the capitalists spend, the more they earn✓

Correct answer

the more the capitalists spend, the more they earn

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According to Kaldor's theory of income distribution:

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