Expenditure that does NOT depend on real GDP is called
A) autonomous expenditure.
B) equilibrium expenditure.
C) spurious expenditure.
D) induced expenditure.

Name: Expenditure that does NOT depend on real GDP is called A) autonomous expenditure. B) equilibrium expenditure. C) spurious expenditure. D) induced expenditure.
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Question

Quizplus · Accepted Answer

Autonomous expenditure is independent of changes in real GDP, meaning it is not influenced by fluctuations in the economy.

Expenditure That Does NOT Depend on Real GDP Is Called