Economy, asked by hegadkarsaurabh, 1 month ago

10. As income increases saving will be ____ falls, increases , constant​

Answers

Answered by anubhwab19
0

Answer:

Increases

Explanation:

There is direct relationship between income and saving, i.e., if income increases, saving also increases but by less than increase in income. It means as income increases, proportion of income saved increases (because proportion of income consumed decreases).

Similar questions