What does any one of these concepts mean – Autonomous Expenditures, Induced Expenditures, Marginal Propensity to Expend or Marginal Propensity to Consume?

Subject: Economics Topic: What does any one of these concepts mean – Autonomous Expenditures, Induced Expenditures, Marginal Propensity to Expend or Marginal Propensity to Consume? Autonomous expenditure can be referred to as that part of the economy’s expenditure which is not affected by the economy’s actual income. This type of expenditure happens automatically and is […]

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