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What is autonomous investment and why is it assumed to be constant in AD schedule?
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What is autonomous investment and why is it assumed to be constant in ...
Autonomous Investment. All investment in a country or region independent of GDP growth. Examples include government investment, inventory replacements, and other investments that must be made for the economy to continue to function, even in times of reduced or negative growth.
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What is autonomous investment and why is it assumed to be constant in AD schedule?
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