In the model for desired saving,autonomous is roughly synonymous with ________.
A)policy-determined
B)endogenous
C)intended
D)inflation-adjusted
E)exogenous

Question

Quizplus · Accepted Answer

Autonomous refers to factors that are outside of an individual or firm's control, and are therefore exogenous. Choices A, B, C, and D all suggest some level of control or intentionality on the part of the individual, which is not necessarily the case with autonomous factors.

In the Model for Desired Saving,autonomous Is Roughly Synonymous with ________