Asked by
shariq thobani
on Oct 13, 2024
Verified
Autonomous consumption is always
A) positive.
B) zero.
C) negative.
Autonomous Consumption
The level of consumption spending that occurs when income is zero, reflecting expenditures that consumers must make even when they have no income.
- Gaining insight into the concept of autonomous consumption and its contribution to economic evaluation.
Verified Answer
VT
Learning Objectives
- Gaining insight into the concept of autonomous consumption and its contribution to economic evaluation.