Autonomous consumption
A) increases with income.
B) is independent of income and must be equal to zero.
C) is independent of income.
D) decreases with income.

Name: Autonomous consumption A) increases with income. B) is independent of income and must be equal to zero. C) is independent of income. D) decreases with income.
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Question

Quizplus · Accepted Answer

Autonomous consumption is the level of consumption that occurs even when income is zero; it is independent of income.

Autonomous Consumption