Use the figure below to answer the following questions.
Figure 11.2.3
There are no taxes in this economy.
-In Figure 11.2.3, autonomous expenditure is
A)$375 billion.
B)$150 billion.
C)$347 billion.
D)$10 billion.
E)$100 billion.

Question

Use the figure below to answer the following questions.
  Figure 11.2.3
There are no taxes in this economy.
-In Figure 11.2.3, autonomous expenditure is
A)$375 billion. 
B)$150 billion. 
C)$347 billion. 
D)$10 billion. 
E)$100 billion.

Quizplus · Accepted Answer

Autonomous expenditure is the horizontal intercept of the saving-investment graph. In the given figure, it is $150 billion.

Use the Figure Below to Answer the Following Questions