In economics, the term "autonomous" means
A)existing independently.
B)non-economic related.
C)disposable income.
D)cash payments.

Question

Quizplus · Accepted Answer

In economics, the term "autonomous" means existing independently. It refers to a variable that is not affected by other variables in the model. For example, autonomous consumption refers to the part of consumption that is not influenced by changes in income.

In Economics, the Term "Autonomous" Means