Use the data in Figure 3 to answer questions 9 through 12. F igure 3 11eb63b1_9d66_242f_9b37_69c7a23d5601_SM2813_00 When disposable income is $9 trillion: a) How much is autonomous consumption? b) How much is total consumption? c) How much is saving?

Macroeconomics 11th Edition by Stephen Slavin

Edition 11ISBN: 978-0077641559

Edition 11ISBN: 978-0077641559

Exercise 58

Use the data in Figure 3 to answer questions 9 through 12.
F igure 3

When disposable income is $9 trillion:
a) How much is autonomous consumption?
b) How much is total consumption?
c) How much is saving?

Explanation

Verified

Consumption spending is the total amount...