🎖️ Defence📈 Economics

Share of food in total consumption expenditure has been coming down as per capita income grew over time in last sixty ye…

Q1
Share of food in total consumption expenditure has been coming down as per capita income grew over time in last sixty years because
apeople have been purchasing less food
bpeople have been preferring non-cereal items in their food basket
cgrowth in food expenditure has been lower than growth in per capita income
dpercentage of the poor in population has increased over time
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