Autonomous expenditure includes
A) investment, government expenditure for goods and services, and imports.
B) consumption expenditures, investment, and exports.
C) consumption expenditure, investment, and imports.
D) investment, government expenditure on goods and services, and exports.
E) consumption expenditure, investment, and net taxes.

Question

Quizplus · Accepted Answer

Autonomous expenditure refers to the part of aggregate expenditure that is independent of national output or income. It includes investment, government expenditure on goods and services, and exports, which are not directly influenced by changes in income. Therefore, option D is the correct answer.

Autonomous Expenditure Includes