Macroeconomics, Theories and Policies 2 MCQ: According to Milton Friedman Theory of permanent component of consumption-expenditure depends on i. Transitory income alone ii. Transitory and permanent income iii. Permanent income alone iv. Windfall gains Codes :

← All Macroeconomics, Theories and Policies 2 questions

According to Milton Friedman Theory of permanent component of consumption-expenditure depends on i. Transitory income alone ii. Transitory and permanent income iii. Permanent income alone iv. Windfall gains Codes :

Correct Answer: only iii is correct

Make the most of this question

This page focuses on one Macroeconomics, Theories and Policies 2 question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

← More Macroeconomics, Theories and Policies 2 MCQs All Faculty topics Mock test hub