Autonomous consumption is consumption that:
A)varies directly with disposable income.
B)varies inversely with disposable income.
C)is independent of the level of disposable income.
D)is constant at first and then varies with disposable income.

Question

Quizplus · Accepted Answer

Autonomous consumption is the level of consumption that occurs even when disposable income is zero, meaning it is independent of the level of disposable income.

Autonomous Consumption Is Consumption That