Fitur & Manfaat
- Discover a groundbreaking theory of the consumption function by renowned economist Milton Friedman.
- Explore the sharp distinction between measured income and permanent income.
- Understand how spending patterns relate to permanent income, irrespective of its size.
- The theory is rooted in extensive statistical testing and budget studies.
- Gain insights into the implications of various factors such as interest rates and family size on consumption.
- Published by Must Have Books, this essential read is a must for economists and policymakers.