Autonomous expenditure is the component of
A) aggregate expenditure that changes when real GDP changes.
B) induced expenditure that changes when in real GDP changes.
C) aggregate planned expenditure that changes only when government expenditure on goods and services change.
D) aggregate expenditure that does not change when real GDP changes.
E) aggregate expenditure that does not change when the interest rate changes.

Question

Quizplus · Accepted Answer

Autonomous expenditure is the part of aggregate expenditure that remains constant regardless of changes in real GDP.

Autonomous Expenditure Is the Component of