Meaning autonomous consumption
What does autonomous consumption mean? Here you find 3 meanings of the word autonomous consumption. You can also add a definition of autonomous consumption yourself
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autonomous consumptionThat portion of consumption that is autonomous. For example, if the consumption function has the form C=C0+cY, where C0 and c are parameters and Y is income, then C0 may be called autonomous consumpti [..]
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autonomous consumptionHousehold consumption expenditures that are unrelated to income or production (especially disposable, national income, or gross national product). These are consumption expenditures that would occur e [..]
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autonomous consumptionDefinition The amount of consumption that would take place in an economy if consumers had no income. Types of goods or services that fall under autonomous consumption include items often dubbed " [..]
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| << autonomous expenditure | autonomous change >> |
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