The determination of consumption as a function of current disposable income is most strongly associated with:
A) John Maynard Keynes.
B) Irving Fisher.
C) Franco Modigliani.
D) Milton Friedman.

Question

Quizplus · Accepted Answer

John Maynard Keynes is most strongly associated with the determination of consumption as a function of current disposable income, as he emphasized the importance of current income in determining the level of consumption in his theory of consumption, known as the Keynesian consumption function.

The Determination of Consumption as a Function of Current Disposable