Question

Autonomous consumption is
consumption that:
Select one:
A. varies inversely with disposable
income.
B. is independent of the level of
disposable income.
C. varies directly with disposable
income.
D. is constant at first and then
varies with disposable income.​

Answer 1

Autonomous consumption is defined as the expenditures that consumers must make even when they have no disposable income. Certain goods need to be purchased, regardless of how much money is coming in. When times are hard, paying for these necessities can force consumers to borrow or tap into savings.

Answer 2

Answer:

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