Economy, asked by ashutoshf4947, 1 year ago

Autonomous consumption definition

Answers

Answered by RajuKhan
1
it means self-dependent consumption.
or consumed by one person or a group.
Answered by nishitamestryoz465x
2
Autonomous consumption is the minimum level of consumption or spending that must take place even if a consumer has no disposable income, such as spending for basic necessities. ... When combined with discretionary income, a person's autonomous consumption determines his or her real income, or real wages. 
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