Question:
Which of the following statements are correct?
A. Life cycle hypothesis was propounded by Francois Modigliani
B. Absolute Income Hypothesis was propounded by Milton Friedman
C. Relative Income Hypothesis was propounded by James Duesenberry.
D. Permanent Income Hypothesis was propounded by John Maynard Keynes
Choose the correct answer from the options given below:
Which of the following statements are correct?
A. Life cycle hypothesis was propounded by Francois Modigliani
B. Absolute Income Hypothesis was propounded by Milton Friedman
C. Relative Income Hypothesis was propounded by James Duesenberry.
D. Permanent Income Hypothesis was propounded by John Maynard Keynes
Choose the correct answer from the options given below:
A. Life cycle hypothesis was propounded by Francois Modigliani
B. Absolute Income Hypothesis was propounded by Milton Friedman
C. Relative Income Hypothesis was propounded by James Duesenberry.
D. Permanent Income Hypothesis was propounded by John Maynard Keynes
Choose the correct answer from the options given below:
Updated On: Mar 11, 2024
- A & C only
- A, B, C only
- A & D only
- B & C only
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The Correct Option is A
Solution and Explanation
The correct option is(A): A & C only
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