Which of the followings is NOT true about the word “autonomous” that e

Which of the followings is NOT true about the word “autonomous” that economists use?

A) Changes in autonomous components are associated with movements along a curve.
B) Changes in autonomous components are associated with shifts of a curve.
C) The autonomous component of a variable is exogenous.
D) The autonomous component of a variable is independent of other variables in the model.

 

ANSWER

A

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00