Autonomous Expenditure Is Spending That Is

question 111

Multiple Choice

Autonomous expenditure is spending that is:

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

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Definitions:

Ramses II

A prominent pharaoh of Egypt's Nineteenth Dynasty, renowned for his architectural achievements and military victories, ruling from 1279-1213 BCE.

Amarna Period

A phase in ancient Egyptian history during the reign of Pharaoh Akhenaten, characterized by significant religious and artistic shifts, notably the worship of the sun disk, Aten.

Conservative

A political and social philosophy promoting traditional values and institutions, typically resistant to rapid change.

Formulaic

Pertaining to or based on a formula; following a fixed and conventional method or style, especially in art, literature, or music.