refer to the above table which variables in the table are not autonomous O B. to
ID: 1107084 • Letter: R
Question
refer to the above table which variables in the table are not autonomous O B. total planned real consumption expenditures equal real GDP O c. planned real investment spending equals real net exports of zero. D, total planned real expenditures equal real GDP QUESTION 19 Real Real Real Real Red Real Net Disposable Cansunption Planned Planned Govemment Net Planned GDP Taxes IncameSpending Saving Invertment Spanding Exports Spendting "To- 11 2 12 2 13 2 14 2 15 2 162 6 8 7.6 84 9.2 100 108 11.6 1.4 1.6 1.8 20 1.5 15 1.5 1.5 15 15 0.5 05 05 05 05 11.6 124 132 140 148 10 12 13 14 24 Note: Amounts in S trillions O A taxes,government spending and saving OB. planned consumption and planned saving -O c. planned saving ony D pianned investment, net exports, and government spending diok Sove ond Submit to sove ond susmit dick Sene ove all onswens 5Explanation / Answer
19.
Autonomous spending can be described as that spending or variables which are independent of any other variables. For example price, interest and income etc.
Since taxes, planned investment, net export, and government spending are independent of GDP(Y). So these are considered as the autonomous variables.
On the other hand planned consumption, planned saving are changing with the change in the real GDP, so these two variables are not autonomous.
Hence option B is the correct answer and option B is planned consumption and planned saving.
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