Autonomous Real Investment Spending Is

question 386

Multiple Choice

Autonomous real investment spending is

• A) the level of investment expenditure required to keep the economy expanding at its current growth rate.
• B) the level of investment expenditure that is independent of real GDP.
• C) the level of investment expenditure required to replace capital lost to depreciation.
• D) the level of investment expenditure that would prevail if interest rates were zero.

---

Definitions:

Residuary

The remainder of an estate left after all other bequests and claims have been satisfied.

Personal Representative

An individual appointed to administer the estate of a deceased person, also known as an executor or administrator.

Executor

The personal representative appointed to administer the estate of a person who died leaving a valid will.

Beneficiaries

Individuals or entities designated to receive the benefits or proceeds from insurance policies, trusts, wills, or other contracts.