Asked by pule

Autonomous consumption is consumption that:


varies directly with disposable income


varies inversely with disposable income


independent of the level of disposable income


is constant at first and then varies with disposable incom
There are no human answers yet.
Answered by GPT-4o mini
Autonomous consumption is consumption that is **independent of the level of disposable income**. This refers to the portion of consumption that occurs even when disposable income is zero, reflecting the basic needs and necessities that individuals consume regardless of their income level.