Match List-I (Consumption Hypotheses) with List-II (Economists) and select the correct answer using the codes given below: List-I (a) Absolute income hypothesis (b) Relative income hypothesis (c) Life cycle hypothesis (d) Permanent income hypothesis List-II (i) Franco Modigliani, R. E. Brumberg and A. Ando (ii) Milton Friedman (iii) John Maynard Keynes (iv) James Duesenberry

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Economics · Macroeconomics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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(a)-(iii), (b)-(iv), (c)-(i), (d)-(ii)

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Answer 1

(a)-(iii), (b)-(i), (c)-(iv), (d)-(ii)

Answer 2

(a)-(iv), (b)-(iii), (c)-(ii), (d)-(i)

Answer 3

(a)-(iii), (b)-(iv), (c)-(i), (d)-(ii)

Answer 4

(a)-(i), (b)-(ii), (c)-(iii), (d)-(iv)

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