Anushka posted an Question
May 16, 2021 • 17:11 pm 30 points
  • UGC NET
  • Economics

Kindly explain this one .

11. When current income includes negative transitory component, relating consumption with current income will produce O (a) an average propensity to consume that is (a) a lower than the long run average propensity to consume. )an average propensity to consume that s ehigher than the average long run propensity to consume. an average ppópensity to consume tha equals the long run average propensity 10 Consume. (d) None of the above

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