Autonomous consumption is that portion of consumption expenditure that is not influenced by
A) income.
B) preferences.
C) prices.
D) the legal authorities.
Correct Answer:
Verified
Q22: As disposable income increases, consumption expenditures
A) increase
Q23: Q24: A movement along the consumption function to Q25: The graph of the consumption function has Q26: _ consumption is consumption that will occur Q28: An increase in expected future income Q29: Autonomous consumption Q30: There is a movement along the consumption Q31: Autonomous consumption is equal to Q32: ![]()
A) decreases
A) increases with income.
B) is independent
A) saving when![]()
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