Permanent Income Hypothesis (HINDI)

Permanent Income Hypothesis is one of those post-Keynesian consumption hypotheses that seek to find the explanation for the different consumption function forms when tested on long-term (time series) and short run (cross section family budget data) as they gave proportional and non-proportional CF respectively. #YOUCANLEARNECONOMICS #ECONOMICS Subscribe me @    / ezclassesfaghsa   Like me on Facebook @   / faghsa   Follow me on Twitter @ https://twitter.com/?lang=en