Multiple Choice
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 :
A) i and ii are correct
B) i and iii are correct
C) ii and iv are correct
D) only iii is correct
Correct Answer:

Verified
Correct Answer:
Verified
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