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aniked [119]
3 years ago
7

Autonomous consumption is defined as: Group of answer choices the level of consumption that depends only on the exchange rate. t

he consumption expenditures incurred by the government. the level of consumption that does not depend on income. an equilibrium condition that needs to be met for the aggregate expenditure model to work. the part of consumption that is related to investment.
Business
1 answer:
pochemuha3 years ago
8 0

Answer:

the level of consumption that does not depend on income.

Explanation:

Autonomous consumption means that the expenditures that should be incurred at the time also when the consumer has no income. Like food, shelter, heathcare, etc are needed for survival even in the case when the person has no money

So according to the given situation, it is consumption level which does not based upon the income

Hence, the third option is correct

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Lina20 [59]

Answer:

A debit card

Explanation:

A debit card allows customers to make electronic payments to third parties directly from their bank checking accounts. Debit cards eradicate the need to carry cash around. Banks and other major financial institutions issue debit cards.

Debit cards and credit cards have identical looks and are used for making electronic payments. The major difference is that credit cards are a type of credit facility, but debit cards make payments by drawing directly from the customer's account. Debit cards do not attract interests like credit cards. In many instances, debit card payments will not go through if the customer's account has insufficient funds.

5 0
2 years ago
Which of the following is a service supplying vehicle title records and damage reports?
Marta_Voda [28]
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5 0
2 years ago
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The situation in which a person places greater value on a good as fewer and fewer people possess it is called the
Phantasy [73]

Answer:

The correct answer is: Snob effect.

Explanation:

The Snob effect is a phenomenon that tries to explain why the demand for a good or service increases in the high-income sector while it decreases substantially in the low-income sector. This scenario is created when people need access to rare or exclusive goods or services.

6 0
2 years ago
The president of the Micro Brewing Corporation asks you, as the company economist, to forecast changes in consumer beer purchase
umka21 [38]

Answer:

It is more profitable to raise the selling price by $2.

Explanation:

To determine whether the company should raise the selling price, we need to determine the effect on income. <u>The best option is the one with the higher sales revenue.</u>

Sales revenue= selling price * number of units

<u>Current:</u>

Sales revenue= 5.5*2,200= $12,100

<u>Proposal:</u>

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7 0
3 years ago
If there is a great demand for a product, the production for that product will
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production for that product will increase.

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