Multiple Choice
When we assume that investment is autonomous we imply that:
A) it is a fixed constant amount.
B) it is independent of current real GDP.
C) it is a positive function of interest rates.
D) it is actually zero.
E) it has no impact on consumption.
Correct Answer:

Verified
Correct Answer:
Verified
Q54: The figure given below represents the consumption
Q55: The figure given below represents the consumption
Q56: The aggregate expenditures function:<br>A)has the same slope
Q57: Autonomous consumption is defined as:<br>A)the domestic consumption
Q58: As a function of real GDP (real
Q60: The consumption function illustrates that:<br>A)saving increases as
Q61: The figure given below shows the consumption
Q62: Which of the following will cause the
Q63: In the table given below Y represent
Q64: Other things equal, an increase in the