Economics · Macroeconomics
According to Keynesian consumption theory, low-income households generally save:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Their entire income completely
- 2A relatively larger proportion of their income compared to the rich
- 3An equal proportion of their income compared to the rich
- 4A relatively smaller proportion of their income compared to the rich✓
Correct answer
A relatively smaller proportion of their income compared to the rich
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