Which of the following are autonomous transactions and which are
induced transactions: a) Uncontrolled (by the government) private
purchases of automobiles from Japan; b) Accumulation of official
reserves of U.S. dollars by the Japanese government; c) Government
purchase of military equipment abroad; d) Exports of beer to Germany
by the U.S. government so that armed forces stationed there will not
use deutchmarks to purchase German beer.
1. a) and c) are autonomous and b) and d)
2. b) is induced and a), c) and d) autonomous.
3. all are autonomous.
4. all are induced.
Choose the correct option.