Autonomous consumption
A)decreases with income.
B)is independent of income and must be equal to zero.
C)is independent of income.
D)increases with income.

Name: Autonomous consumption A)decreases with income. B)is independent of income and must be equal to zero. C)is independent of income. D)increases with income.
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Question

Quizplus · Accepted Answer

Autonomous consumption is the level of consumption that occurs regardless of income level, meaning it is independent of income.

Autonomous Consumption