Economy, asked by Punam3690, 11 months ago

Empirical validation of keynesian consumption function in india

Answers

Answered by Ravispssbp
27

Explanation:

The consumption function states that aggregate real consumption expenditure of an economy is a function of real national income. This is called the Keynesian Consumption Function. ... The aggregate consumption in the economy can be found out from the consumption expenditure of different individuals purchasing commodities

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