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Difference betwwen autonomous consumption and induced …

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Difference betwwen autonomous consumption and induced consumption.
  • 2 answers

Nitasha Yadav 5 years, 4 months ago

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

Ekta Sahu 5 years, 4 months 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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