Economy, asked by 123nidhuu, 5 hours ago

Milton friedman consider permanent income as a proxy variable for.

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Answered by samriddhithakur1201

Answer:

hypothesis

Explanation:

Milton Friedman developed the permanent income hypothesis, believing that consumer spending is a result of estimated future income as opposed to consumption that is based on current after-tax income.

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Milton friedman consider permanent income as a proxy variable for.​

Answers

Milton friedman consider permanent income as a proxy variable for.