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0 votes
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in Economics by (40 points)
edited by

The autonomous investment curve is to x-axis 

1. positively sloped 

2. vertical 

3. horizontal parallel 

4. negatively sloped 

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1 Answer

+1 vote
by (44.2k points)

The correct option is (3). horizontal parallel.

Autonomous investment refers to that investment which is independent of the level of income in the economy. It remains constant irrespective of the level of income in the economy. It refers to the type of investment which is not affected by a change in the level of income in the economy. Graphically, it is represented by a horizontal line parallel to X axis. 

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