________ consumption is consumption that will occur ________ the level of GDP and disposable income.
A)Autonomous; independent of
B)Induced; independent of
C)Autonomous; depending on
D)None of the above answers is correct.

Question

Quizplus · Accepted Answer

Autonomous consumption is the level of consumption that occurs regardless of the level of GDP and disposable income, meaning it is independent of these factors.

________ Consumption Is Consumption That Will Occur ________ the Level

Consumption Is Consumption That Will Occur the Level