Note: Amounts in $ trillions
-Refer to the above table. Which variables in the table are NOT autonomous?
A) Taxes, government spending, and saving.
B) Planned investment, net exports, and government spending.
C) Planned consumption and planned saving.
D) Planned saving only.

Question

Note: Amounts in $ trillions
-Refer to the above table. Which variables in the table are NOT autonomous?
A) Taxes, government spending, and saving. 
B) Planned investment, net exports, and government spending. 
C) Planned consumption and planned saving. 
D) Planned saving only.

Quizplus · Accepted Answer

Planned consumption and planned saving are not autonomous because they depend on the level of income, unlike other variables that are typically considered autonomous.

Note: Amounts in $ Trillions