Who propounded Psychological law of consumption
A)adam smith
B)ricardo
C)keynes
D)pigou

Name: Who propounded Psychological law of consumption A)adam smith B)ricardo C)keynes D)pigou
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The Psychological Law of Consumption was propounded by John Maynard Keynes. It suggests that as income increases, the proportion of income spent on consumption decreases, but the absolute expenditure on consumption increases.

Who Propounded Psychological Law of Consumption