Economics · Consumer Behavior / Engel's Law
German statistician Ernst Engel established a law based on the relationship between which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Import and export
- 2National income and investment
- 3Government income and expenditure
- 4Family income and expenditure on consumption✓
Correct answer
Family income and expenditure on consumption
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