An autonomous expenditure is one that does NOT depend on
A) government policy.
B) the automobile sector.
C) interest rates.
D) GDP.

Question

Quizplus · Accepted Answer

Autonomous expenditures are those that do not depend on the level of GDP. They are considered independent of the current income level of the economy, such as basic consumption spending, government spending, and investment spending that occurs regardless of GDP.

An Autonomous Expenditure Is One That Does NOT Depend on