Effects of an Autonomous Change on Equilibrium Demand in the Product Market
investment re...
Question
_______ investment refers to the investment made without reference to income or profit.
A
Induced
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B
Autonomous
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C
Inventory
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D
Gross
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Solution
The correct option is B Autonomous Autonomous investment is done without taking into account the income of the investor or the profit that can be generated from investment. This type of investment is majorly done with the objective of public welfare or infrastructure development by the government or public sector.