All else being constant, autonomous expenditure
A) does not change with changes in real GDP.
B) increases as real GDP decreases.
C) increases as real GDP increases.
D) is assumed to be zero.

Name: All else being constant, autonomous expenditure A) does not change with changes in real GDP. B) increases as real GDP decreases. C) increases as real GDP increases. D) is assumed to be zero.
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Question

Quizplus · Accepted Answer

Autonomous expenditure is independent of the level of real GDP, meaning it does not change when real GDP changes.

All Else Being Constant, Autonomous Expenditure