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Ernst Engel Quotes
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With rising incomes, the share of expenditures for food products declines. The resulting shift in expenditures affects demand patterns and employment structures.
Ernst Engel |
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Author Details: Type: Economist Quotes Category: German Economist Quotes Date of Birth: March 26, 1821 Date of Death: December 8, 1896 Nationality: German Amazon: Ernst Engel on Amazon |
Related Authors:
Stephen Leacock Milton Friedman Alan Greenspan John Maynard Keynes Thomas Sowell Adam Smith John Kenneth Galbraith Muhammad Yunus Jeffrey Sachs |
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Quote Keywords: Affects, Declines, Demand, Employment, Expenditures, Food, Incomes, Patterns, Products, Resulting, Rising, Share, Shift, Structures |
Dictionary Links: Demand, Employment, Food, Resulting, Rising, Share, Shift |
All Ernst Engel Quotations: The poorer is a family, the... With rising incomes, the share of... |
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