Autonomous consumption expenditures are
A)identical to induced consumption
B)determined primarily by transfer payments
C)not influenced by disposable income
D)increasing at a decreasing rate
E)increasing at an increasing rate

Question

Quizplus · Accepted Answer

Autonomous consumption expenditures are the portion of consumption that does not depend on the level of disposable income. They are considered constant and occur regardless of income levels.

Autonomous Consumption Expenditures Are