मराठी

Investment is described as 'autonomous' in the two-sector model. This means:

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प्रश्न

Investment is described as 'autonomous' in the two-sector model. This means:

पर्याय

  • Investment remains the same at all income levels

  • Investment depends on the marginal propensity to consume

  • Investment rises proportionately with the price level

  • Investment equals aggregate supply at equilibrium

MCQ
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उत्तर

Autonomous investment means that investment \[I = \overline{I}\] remains the same at all income levels. It does not vary with income, which is why it is depicted graphically as a horizontal line at height \(\overline{I}\) above the horizontal axis.

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