An empirical pattern known as Engel's Law states that as income levels rise,per person food expenditure
A) falls,but its share in total consumption expenditure rises
B) falls,and its share in total consumption expenditure falls
C) rises,but its share in total consumption expenditure falls
D) rises,and its share in total consumption expenditure rises

Question

Quizplus · Accepted Answer

Engel's Law states that as income increases, the absolute amount spent on food rises, but the proportion of income spent on food decreases.

An Empirical Pattern Known as Engel's Law States That as Income