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Introduction to Economics 2
Introduction to Economics 2 Deneme Sınavı
Introduction to Economics 2 Deneme Sınavı Sorusu #349526
Introduction to Economics 2 Deneme Sınavı Sorusu #349526
Which of the following is defined as the portion of consumption expenditures that is independent of income?
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Marginal propensity
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Consumption expenditures
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Average propensity
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Consumption function
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Autonomous consumption |
Yanıt Açıklaması:
Even if the income level is zero, consumption expenditures are positive. This shows that there is a part of the consumption expenditures that is not related to income. This part of the consumption expenditure, which is independent of income, is called autonomous consumption.
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