Economy, asked by parshantkamboj, 7 months ago

if autonomous consumption is greater than zero,if indicates that the national income of economy will be.............

Answers

Answered by Fatimakincsem
0

if autonomous consumption is greater than zero it indicates that the national income of the economy will be larger.

Explanation:

  • Autonomous consumption is the total expenditure of a consumer.
  • It refers to the proper need of a consumer or a customer.
  • Whatever is the income level of a consumer, he must have basic needs such as food and shelter.
  • If a household has accumulated some income for future use then their autonomous income will be greater.

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