Which of the following is not a determinant of autonomous consumption?
A)Wealth.
B)Technology.
C)Tax policy.
D)Consumer confidence.

Question

Quizplus · Accepted Answer

Autonomous consumption refers to the level of consumption that is independent of the level of income. The determinants of autonomous consumption are factors that affect the willingness and ability of consumers to spend money, such as wealth, tax policy, and consumer confidence. Technology, on the other hand, is not a determinant of autonomous consumption as it does not directly affect consumers' ability or willingness to spend money.

Which of the Following Is Not a Determinant of Autonomous