Question : _________________________ refers to the investment which is not affected by changes in the level of income and is not induced solely by profit motive.
Option 1: Autonomous investment
Option 2: Autonomous savings
Option 3: Induced savings
Option 4: Induced investment
Answer (1)
15th Jan, 2024
Correct Answer: Autonomous investment
Solution : Autonomous investment refers to the investment which is not affected by changes in the level of income and is not induced solely by profit motive.
Hence, Option A is correct.
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