Autonomous expenditure is the portion of planned aggregate expenditure that:
A)equals aggregate output.
B)equals planned spending.
C)equals induced expenditure.
D)is independent of output.

Name: Autonomous expenditure is the portion of planned aggregate expenditure that: A)equals aggregate output. B)equals planned spending. C)equals induced expenditure. D)is independent of output.
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Question

Quizplus · Accepted Answer

The portion of planned aggregate expenditure that is independent of output is called autonomous expenditure.

Autonomous Expenditure Is the Portion of Planned Aggregate Expenditure That