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

 


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 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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