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Effects of an Autonomous Change on Equilibrium Demand in the Product Market

The investmen...

Question

The investment which is independent of the level of income is called a(an) ____.

A

Autonomous investment

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B

Induced investment

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C

Fixed investment

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D

Inventory investment

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Solution

The correct option is A
Autonomous investment

The investment which is independent of the level of income is called autonomous investment.

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Effects of an Autonomous Change on Equilibrium Demand in the Product Market

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