Autonomous consumption is equal to
A) saving when consumption equals disposable income.
B) consumption when disposable income is zero.
C) consumption caused by an increase in disposable income.
D) dissaving when disposable income is greater than zero.
Correct Answer:
Verified
Q26: _ consumption is consumption that will occur
Q27: Autonomous consumption is that portion of consumption
Q28: An increase in expected future income
A) decreases
Q29: Autonomous consumption
A) increases with income.
B) is independent
Q30: There is a movement along the consumption
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