恒常 こうじょう所得 しょとく仮説 かせつじゃありませんでした
kōjōshotokukasetsujārimasendeshita

Noun
Desu Copula

The polite, past negative form of 恒常所得仮説

1. It wasn't the constant-gain hypothesis.

Past/Perfective
Negative
Polite
Terminal Form
Economics