______________ is that type of investment which is not affected by a change in the level of income or output.

Induced investment

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Autonomous investment

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Direct investment

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Planned investment

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Solution

The correct option is B Autonomous investment
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.

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