Which of the following is not an autonomous determinant of consumption expenditures?
A)real wealth
B)the interest rate
C)tastes and preferences
D)current disposable income

Question

Which of the following is not an autonomous determinant of consumption expenditures?
A)​real wealth
B)​the interest rate
C)​tastes and preferences
D)​current disposable income

Quizplus · Accepted Answer

Autonomous determinants of consumption expenditures are factors that influence consumer spending independently of current income. Real wealth, the interest rate, and tastes and preferences are all examples of autonomous determinants because they can affect consumption regardless of the current income level. Current disposable income, however, directly influences consumption but is not considered autonomous since consumption changes with changes in income.

Which of the Following Is Not an Autonomous Determinant of Consumption