The level of consumption, which is independent of income, is called ? Option 1: Autonomous Consumption. Option 2: Consumption Function. Option 3: Induced Consumption. Option 4: Consumption Expenditure.

The answer is 'Autonomous Consumption.'. View full solution:

CUET Economics - The level of consumption, which is independent of income, is called ? | PYQs + Solutions

CUET Economics 2026 13h May Shift 2

Macro

Easy

Autonomous Consumption.

Consumption Function.

Induced Consumption.

Consumption Expenditure.

✅ Correct Option: 1