Autonomous Consumption Is Defined As

question 57

Multiple Choice

Autonomous consumption is defined as:

• A)the domestic consumption that does not depend on the exchange rate.
• B)the consumption expenditures incurred by the government.
• C)the level of consumption that does not depend on income.
• D)an equilibrium condition that needs to be met for the model to work.
• E)the part of consumption that is related to investment.

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Definitions:

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