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Which of the Following Is the Definition of Autonomous Consumption

Question 37

Multiple Choice

Which of the following is the definition of autonomous consumption spending?


A) The effect of a change in wealth on consumption spending
B) The part of consumption spending that is independent of disposable income
C) The impact of disposable income on consumption spending
D) The part of consumption spending that is independent of wealth
E) The horizontal intercept of the consumption function.

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