Autonomous Consumption Is Defined as

question 198

Multiple Choice

Autonomous consumption is defined as

• A) the level of real consumption spending that is independent of real disposable income.
• B) the real consumption spending by the autonomous government.
• C) the level of real consumption spending that is equal to real disposable income.
• D) the consumption of foreign-made goods independent of exchange rates.

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Definitions:

Statement Of Cash Flows

A financial report detailing how modifications in balance sheet accounts and income influence cash and cash equivalents.

Quick Ratio

A liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets excluding inventories.

Operating Cash Flows

The amount of cash generated by a company's normal business operations.

Fixed Assets

Durable physical assets employed in a company's operations, which are not anticipated to be turned into cash quickly.