Banking System and Capital Market Questions and Answers for Competitive Exams

Sports GK Questions and Answers 2024 (Latest Updated)

Awards & Honours GK Questions 2024 (Latest Updated)

Question

The functional relationship between income and consumption expenditure is explained by

A Consumer’ surplus
B Law of demand
C Law of supply
D Keynes’s psychological law of consumption

Answer & Explanation

Answer: Option [D]

Advertisement
Article and Schedule Quiz Start Test!
DOWNLOAD CURRENT AFFAIRS PDF FROM APP

Random GK Questions

Read More Economics Solved Questions

Assam Direct Recruitment Test Series

Teacher Eligibility Test

Assam Direct Recruitment Test Series