Match the Economists in List – I with the Concepts in List – II :

List – I

(Economist)

List – II

(Concept)

a. F. Modigliani

1. Permanent Income

b. J.M. Keynes

2. Relative Income

c. Milton Friedman

3. Life Cycle Income

d. J. Duesenberry

4. Absolute Income

1
a - 1, b - 2, c - 3, d - 4
2
a - 2, b - 3, c - 4, d - 1
3
a - 4, b - 3, c - 2, d - 1
4
a - 3, b - 4, c - 1, d - 2

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