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Difference betwwen autonomous consumption and induced …

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Difference betwwen autonomous consumption and induced consumption.

Posted by Gopika Agarwal 7 years, 1 month ago

CBSE > Class 12 > Economics

2 answers

Nitasha Yadav 7 years, 1 month ago

May be it's investment not consumption because consumption is rise to increase with income.

Ekta Sahu 7 years, 1 month ago

1. Autonomous consumption is done by government sector only and induced consumption is done by government and private sector also. 2. Autonomous consumption are not influenced by profit but induced is influenced by profit. 3.autonomous investment are income inelastic whereas induced are income elastic.

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