Autonomous expenditure is not influenced by
A) real GDP.
B) the interest rate.
C) any other variable.
D) the price level.

Question

Quizplus · Accepted Answer

Autonomous expenditure is defined as the level of spending that occurs regardless of the level of real GDP. It is not influenced by changes in real GDP, but it can be affected by other factors such as interest rates, price levels, or other economic variables.

Autonomous Expenditure Is Not Influenced by