Autonomous expenditure refers to
A. aggregate expenditure solely prompted by policy.
B. changes in short-run aggregate supply.
C. aggregate expenditure that does not change when real GDP changes.
D. aggregate expenditure that varies because of changes in real GDP.
Answer:C
Autonomous expenditure refers to
A. aggregate expenditure solely prompted by policy. B. changes in short-run aggregate supply. C. aggregate expenditure that does not change when real GDP changes. D. aggregate expenditure that varies because of changes in real GDP.