English

Autonomous investment is the type of investment. - Economics

Advertisements
Advertisements

Question

Autonomous investment is the type of investment.

Options

  • which is not affected by a change in the level of income.

  • the curve for autonomous investment is a horizontal line parallel to X-axis.

  • it may change over time due to change in non-income factors.

  • all of these

MCQ
Advertisements

Solution

all of these

Explanation:

  • Autonomous investment does not depend on income levels and remains constant regardless of changes in income.
  • However, it can change over time due to non-income factors like technology or government policy, and its curve is horizontal to the X-axis.
shaalaa.com
  Is there an error in this question or solution?
Chapter 12: Theory of Income and Employment - TEST YOURSELF QUESTIONS [Page 228]

APPEARS IN

Frank Economics [English] Class 12 ISC
Chapter 12 Theory of Income and Employment
TEST YOURSELF QUESTIONS | Q 9. | Page 228
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×