Economy, asked by akshayacs604, 11 months ago

Why does government incur autonomous investment. Explain briefly

Answers

Answered by SnehaG

1

Autonomous Investment: Autonomous investment is independent of the level of income and is thus income inelastic. It is influenced by exogenous factors like innovations, inventions, growth of population and labour force, researches, social and legal institutions, weather changes, war, revolution, etc.

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