Autonomous consumption depends on all of the following except
A)Innovation.
B)Wealth.
C)Credit.
D)Expectations.

Question

Quizplus · Accepted Answer

Autonomous consumption is primarily influenced by factors such as wealth, credit availability, and consumer expectations, which directly affect an individual's willingness and ability to spend independently of their current income. Innovation, while important for economic growth and potentially influencing overall consumption patterns, does not directly impact autonomous consumption, which is the consumption that would occur even if income were zero.

Autonomous Consumption Depends on All of the Following Except