The Notion of the Consumption Function Originated with

question 154

Multiple Choice

The notion of the consumption function originated with

• A)Edmund Phelps.
• B)John Maynard Keynes.
• C)Robert Lucas.
• D)Milton Friedman.
• E)Joseph Schumpeter.

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Definitions:

Unethical

Unethical refers to actions or behaviors that violate moral principles, professional standards, or legal norms, often resulting in harm or unfairness to others.

Demoralize

To undermine the confidence, spirits, or discipline of an individual or group, often through continuous failure or frustration.

Technical Skill

The ability to perform tasks that require specific knowledge, often related to practical use of tools, machines, techniques, or systems.

Ability Factor

An individual's innate or acquired capability to perform specific tasks or activities successfully.