An autonomous expenditure describes the components of an economy's aggregate expenditure that are not impacted by that same economy's real level of income.
In macroeconomics, there are two types of expenditures that factor into the equation to determine equilibrium gross national product. The first is autonomous expenditures that fall outside our ...
You can think of capital expenditures (capex) as long-term, less frequent utilizations (uses) of capital. For example, the costs of buying a new building, acquiring a competitor firm, expanding a ...
In business, not all income and costs directly match up with the goods and services sold or the assets purchased. In many cases, the value received is actually delayed over time. According to ...