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Minimum level of expenditure is dependent …

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Minimum level of expenditure is dependent of the level of income in the economy. State true or false with reason.

    • Posted by Ravi Ranjan 4 years, 1 month ago

    CBSE > Class 12 > Economics
    • 1 answers

    Saloni Kaushik 4 years ago

    False, even if our income is 0 still we consume to live also called autonomous consumption. Here savings are used

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