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Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
Nidhi taparia Best Answer
Hi. If you're asking what is the relative income hypothesis of consumption along with its whole explanation and merits / demerits, I'm afraid it'll be difficult to cover all of that in one place. So I would suggest you pinpoint one part of the whole hypothesis about which you have a doubt or need explanation, then I'll explain that. If there are multiple things you want to ask out of the hypothesis, please ask each individually. Thanks.