[DOC] [TLE] Engel's Law Definition | Investopedia [PAR] An economic theory introduced in 1857 by Ernst Engel, a German statistician, stating that the percentage of income allocated for food purchases decreases as income rises. ... For example, a family that spends 25% of their income on food at an income level of $50,000 will spend $12,500 on food. [DOC] [TLE] Engel's law - Wikipedia [PAR] According to Engel's law, the share of income spent on food decreases, even as 
total food expenditure rises. Engel's law is an observation in economics stating 
that as income rises, the proportion of... [DOC] [TLE] Engel's Law Explained | ROM Economics [PAR] Feb 17, 2014 ... Engel's Law is named after the statistician Ernst Engel, who was the first ... The 
law states that as income rises, the proportion of income that is spent on food 
decreases. ... proportion of their income on food than higher-income households. 
... A coefficient above 59 percent represents poverty; 50-59 percent,... [DOC] [TLE] What is Engel's Law? definition and meaning - BusinessDictionary ... [PAR] Economic theory that the proportion of income spent on food decreases as ... of 
income spent on food rises slower than the percentage increase in income. [DOC] [TLE] Can anyone answer a question relating to Engel's law and economic... [PAR] May 20, 2014 ... As a household's income increases, the percentage of income spent on ... Based 
on this, increase in per capita income give rise to less share of the ... of Engel law 
two things happen: First, income allocated to food decrease... [DOC] [TLE] ERNST ENGEL'S LAW OF EXPENDITURES FOR FOODl In the field ... [PAR] entitled "Mathematical Correlation in the Household Budget." Sociol- ogus ... 
centages to increase with increasing income, while percent- ages for fuel, light, 
and housing expenditures decreased, in. New York City. ..... change 
tremendously according to the fashions and the tastes of the time. ... rise to higher 
income groups. [DOC] [TLE] c boomerang children returning home sometimes with their own ... [PAR] According to Engel's laws: a. as household income increases, the percent spent 
on ... income decreases, the percent spent on housing and food decreases. [DOC] [TLE] Engel's Law - Study Online 4 Students [PAR] Jun 19, 2015 ... Engel's law is an observation in economics stating that as income rises, the ... 
The law states that as income rises, the proportion of income that is spent on food 
decreases. ... The law implies that poor households spend a greater proportion of 
their income ... A coefficient above 59 percent represents poverty. [DOC] [TLE] According to Engel's Laws, as family income rises why does the ... [PAR] Mar 12, 2015 ... Because people upgrade their housing situation to keep up with their rising 
income ... Engel's law does not state that the same number of dollars are spent 
on ... is less of a rise in the total percentage of the income which is spent on food 
... What percentage of your income should be spent for household (rent... [DOC] [TLE] Family Budgets: Meaning, Importance and Engle's Law of Family ... [PAR] (a) That very small percentage of income is being spent on children's ... 
According to Engels' Law of Consumption, it is a typical poor man's budget in 
which about ... the percentage expenditure on necessaries of life decreases, and 
vice versa. [DOC] [TLE] Application of engels law to indian economy - SlideShare [PAR] Feb 6, 2014 ... It states that the percentage of income allocated for food purchases decreases as 
income rises. As a households income increases, The percentage of income 
spent on ... Engel's pronouncement of Engel's law According to Engels ... 
budget share will rise with additional income violating Engels law. [DOC] [TLE] Income distribution trends and future food demand | Philosophical ... [PAR] Aug 16, 2010 ... Engel's law establishes that as income increases, households' demand for ... As 
population rises, more people need to be fed, and as income grows ... share of 
expenditure on food decreases until reaching a 'saturation' point, ... According

Question: According to Engel's Law, when the income of a household rises, the percentage spent on this decreases
Answer: Food