An increase in U.S. exports because of increasing foreign incomes represents ________ in the United States.

Question

Quizplus · Accepted Answer

An increase in U.S. exports due to increasing foreign incomes represents an increase in autonomous expenditure in the United States. Autonomous expenditure refers to the spending that is not influenced by changes in income, like exports. Therefore, an increase in exports due to foreign income growth would be considered an autonomous expenditure increase.

An Increase in U