Economics · Consumption Theories
Match List-I (Theories) with List-II (Economists) and select the correct answer using the codes given below: List-I: (A) Life Cycle Hypothesis (B) Relative Income Hypothesis (C) Absolute Income Hypothesis (D) Permanent Income Hypothesis List-II: (1) J. M. Keynes (2) James Duesenberry (3) Milton Friedman (4) Albert Ando and Franco Modigliani
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-4, B-2, C-1, D-3✓
- 2A-3, B-4, C-1, D-2
- 3A-4, B-3, C-2, D-1
- 4A-2, B-1, C-3, D-4
Correct answer
A-4, B-2, C-1, D-3
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