Economics · Macroeconomics
Match List - I (Consumption Hypotheses) with List - II (Economists) and select the correct answer: List - I: A. Permanent income hypothesis B. Relative income hypothesis C. Absolute income hypothesis D. Life cycle hypothesis List - II: I. F. Modigliani II. J. M. Keynes III. M. Friedman IV. J. Duesenberry
- 1A - III, B - IV, C - II, D - I✓
- 2A - III, B - II, C - I, D - IV
- 3A - I, B - IV, C - III, D - II
- 4A - II, B - III, C - IV, D - I
Correct answer
A - III, B - IV, C - II, D - I
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