The vertical intercept of the consumption function that represents the portion of consumption expenditure not associated with a level of disposable income is known as:
A) zero income intercept.
B) disposable income intercept.
C) autonomous consumption.
D) automatic consumption line.
Correct Answer:
Verified
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Q41: Exhibit 8-2 Consumption function Q42: Exhibit 8-8 Consumption function![]()
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