Which of the Following Is Not an Autonomous Determinant of Consumption

question 33

Multiple Choice

Which of the following is not an autonomous determinant of consumption expenditures?

• A)​real wealth
• B)​the interest rate
• C)​tastes and preferences
• D)​current disposable income

---

Definitions:

Merchant Capitalism

An early phase in the development of capitalism where trade and the merchant class played a primary role in economic life.

Condottieri

Condottieri were leaders of mercenary soldiers in Italy during the Middle Ages and Renaissance, hired by city-states and the papacy for military purposes.

Holy Roman Empire

A multi-ethnic complex of territories in central Europe that developed during the Early Middle Ages and lasted until its dissolution in 1806, often led by an emperor elected by the princes.

Patronage

The support, encouragement, privilege, or financial aid that an organization or individual bestows to another.