Which element of total planned expenditure is NOT included in "autonomous planned spending"?
A)cY
B)-cT
C)NX
D)Ip
E)a

Name: Which element of total planned expenditure is NOT included in "autonomous planned spending"? A)cY B)-cT C)NX D)Ip E)a
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Question

Quizplus · Accepted Answer

Autonomous planned spending does not include the term cY, which represents the induced consumption that varies with income (Y). Autonomous spending includes components that do not change with income, such as a, -cT, NX, and Ip.

Which Element of Total Planned Expenditure Is NOT Included in "Autonomous