By the permanent-income hypothesis,for every dollar that actual income increases,consumption expenditure rises in the short run by ________ dollars.
A)kj
B)k + j
C)k/j
D)k - j
E)j + (1/k)

Question

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The Answer of By the permanent-income hypothesis,for every dollar that actual income increases,consumption expenditure rises in the short run by ________ dollars.
A)kj
B)k + j
C)k/j
D)k - j
E)j + (1/k)

By the Permanent-Income Hypothesis,for Every Dollar That Actual Income Increases,consumption