Which of the following is not a determinant of autonomous consumption?
A)Wealth.
B)Technology.
C)Tax policy.
D)Consumer confidence.

Question

Quizplus · Accepted Answer

Autonomous consumption refers to the portion of consumption which is not dependent on income - it is not affected by the level of income. Determinants of autonomous consumption include wealth, consumer confidence and tax policy. Technology does not directly affect an individual's consumption decisions and is thus not a determinant of autonomous consumption.

Which of the Following Is Not a Determinant of Autonomous