Ask Question
6 December, 15:27

What would happen to autonomous consumption if household debt fell and the interest rate rose over the same time period?

+4
Answers (1)
  1. 6 December, 16:23
    0
    The autonomous consumption is lessened as the person tends to spend cash lured by higher interest amount. It is made by expenses of the household part that are not greatly affected by the level of salary or manufacture. This is one of two basic classifications of consumption. Another one is that it will bring consumption, expenses consumption that are created on the level of salary or manufacture.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What would happen to autonomous consumption if household debt fell and the interest rate rose over the same time period? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers