Autonomous Expenditure Is Spending That

question 31

Multiple Choice

Autonomous expenditure is spending that:

• A) is based on the rate of borrowing.
• B) is determined by the government.
• C) is not sensitive to the level of income in the economy.
• D) occurs when income changes in the economy.

---

Definitions:

Reactive

Responding to events or situations rather than initiating change proactively.

Egalitarian

A belief in or practice of equal rights, privileges, and opportunities for all people, advocating for equality.

Social Communication

The exchange of information and ideas among people through interpersonal and community-based interactions.

Lecture

An educational talk to an audience, especially to students in a university or college.