Graphically the curve for autonomous investment is given by a _____________________.

horizontal line parallel to X axis

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vertical line parallel to Y axis

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upward sloping curve

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downward sloping curve

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Solution

The correct option is B horizontal line parallel to X axis
Autonomous investment refers to that investment which is independent of the level of income in the economy. It remains constant irrespective of the level of income in the economy. It refers to the type of investment which is not affected by a change in the level of income in the economy. Graphically, it is represented by a horizontal line parallel to X axis.

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