A change in investment spending NOT caused by a change in income or GDP is a(n)________ change.
A) induced
B) obscure
C) identical
D) autonomous
E) hypothetical

Question

Quizplus · Accepted Answer

An autonomous change in investment spending is one that is not caused by a change in income or GDP. This could be due to factors such as changes in interest rates or technological advancements. Choice A (induced) is incorrect because induced changes in investment spending result from a change in income or GDP. Choices B, C, and E (obscure, identical, and hypothetical) are not relevant to the concept of investment spending.

A Change in Investment Spending NOT Caused by a Change