Economics · Macroeconomics
In the basic Keynesian theory of income determination, autonomous investment is treated as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Exogenous to the national income level✓
- 2Directly dependent on the broad money supply
- 3Directly dependent on current consumer spending
- 4Endogenous to the national income level
Correct answer
Exogenous to the national income level
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