If investment is autonomous,which of the following is least likely to have an effect on the level of investment?
A)a change in the rate of interest
B)a change in the level of income
C)a change in the level of optimism or pessimism about the economy as a whole
D)a change in the expected profitability of investment projects
E)a change in the rate of inflation

Question

Quizplus · Accepted Answer

Autonomous investment is independent of income levels, so a change in the level of income is least likely to affect it.

If Investment Is Autonomous,which of the Following Is Least Likely