Economy, asked by swetmaru1604, 1 year ago

Verify Lord J.M. Keynes' Psychological Law Of Consumption On The Basis Of The Survey Of Five Family Budget

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Answered by Anonymous
8

Answer:

The Keynes psychological law of consumption on basis of survey of five family members budget depend on which consumption they spend or the expenditure held upon by any family member or as a group. This law states that if there is an increase in the income then the consumption rate also increases accordingly.

Answered by Anonymous
3

Answer:

The Keynes psychological law of consumption on basis of survey of five family members budget depend on which consumption they spend or the expenditure held upon by any family member or as a group. This law states that if there is an increase in the income then the consumption rate also increases accordingly.

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