Multiple Choice
Autonomous consumption
A) increases with income.
B) is independent of income.
C) is independent of income and must be equal to zero.
D) decreases with income.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q193: Suppose the economy has no income taxes
Q194: The slope of the AE curve is
Q195: A change in imports caused by rising
Q196: The software and related services sector has
Q197: If aggregate planned expenditure is less than
Q199: The multiplier is 5.0 and autonomous expenditure
Q200: What is the relationship between the MPC
Q201: If planned expenditures equal $19 trillion when
Q202: The government estimates that the multiplier is
Q203: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above