Figure 9-4
-In Figure 9-4,at an income level of Y₁ and planned expenditures of (C + I)1,the level of autonomous investment is

Question

Figure 9-4 
-In Figure 9-4,at an income level of Y₁ and planned expenditures of (C + I)1,the level of autonomous investment is

Quizplus · Accepted Answer

Autonomous investment is the portion of investment that does not depend on the level of income or output. It is represented by the vertical distance from the origin to the point where the planned expenditure line intersects the vertical axis. In this case, ED represents that distance, indicating the level of autonomous investment.

Figure 9-4 -In Figure 9-4,at an Income Level of Y₁ and Planned