Which rule was propounded by the German statistician Engel based on the relationship between income and expenditure of the family?

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Economics · Economics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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The proportion of income spent on food decreases as income increases.

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Answer 1

The proportion of income spent on food decreases as income increases.

Answer 2

The proportion of income spent on clothing increases as income increases.

Answer 3

The proportion of income spent on housing remains constant as income increases.

Answer 4

The proportion of income spent on luxury goods decreases as income increases.

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