Autonomous expenditure includes
A) investment, government expenditure on goods and services, and exports.
B) consumption expenditure, investment and net taxes.
C) consumption expenditures, investment and exports.
D) investment, government expenditure for goods and services, and imports.
E) consumption expenditure, investment and imports.

Question

Quizplus · Accepted Answer

Autonomous expenditures are those that do not depend on the level of income or output in the economy. They include investment, government expenditure on goods and services, and exports, as these do not vary directly with the income level of the economy.

Autonomous Expenditure Includes