Get Started
508

Q:

The Relationship between rate of interest and consumption level was firstly estimated by–

  • 1
    Amartya Sen
  • 2
    Milton Freedman
  • 3
    Irwing Fischer
  • 4
    James Duezan Berry
  • Show Answer
  • Workspace

Answer : 2. "Milton Freedman "
Explanation :

Explain: -With increase in rate of interest there is decrease in consumption level i.e. there is inverse relation between rate of interest and consumption level.

Previous Next
GK Indian Economy Questions

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today