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Documents C hapter 21 Consumption and Investment © 2002 South-Western.

Slide 1C hapter 21 Consumption and Investment © 2002 South-Western Slide 2 2 Economic Principles Keynes’s absolute income hypothesis Duesenberry’s relative income hypothesis…

Documents © 2005 Thomson C hapter 21 Consumption and Investment.

Slide 1 © 2005 Thomson C hapter 21 Consumption and Investment Slide 2 © 2005 Thomson 2 Gottheil - Principles of Economics, 4e Economic Principles Keynes’s absolute income…