Question : Which of the following statement are true?
- Autonomous investment is not affected by changes in the level of income.
- Autonomous investment is not guided solely by the profit motive.
Option 1: Both are true.
Option 2: Both are false.
Option 3: Statement 1 is true, statement 2 is false.
Option 4: Statement 1 is false, statement 2 is true.
Answer (1)
16th Jan, 2024
Correct Answer:
Both are true.
Solution :
Autonomous investment is not affected by changes in the level of income.
Autonomous investment is not guided solely by the profit motive.
Hence, Option A is correct.
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