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Autonomous Consumption Is

Question 124

Multiple Choice

Autonomous consumption is


A) the change in consumption that results as a person's (or nation's) income increases or decreases.
B) that portion of total consumption that is dependent upon the level of income.
C) the steady increase in the consumption of goods and services that automatically occurs as a person grows from a child to an adult.
D) that portion of total consumption that is independent of the level of income.

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