Use the figure below to answer the following questions.

Figure 27.1.2
-Refer to Figure 27.1.2. Autonomous consumption is
A)-$200.
B)$200.
C)$800.
D)$600.
E)zero.

Question

Use the figure below to answer the following questions.
  
Figure 27.1.2
-Refer to Figure 27.1.2. Autonomous consumption is
A)-$200. 
B)$200. 
C)$800. 
D)$600. 
E)zero.

Quizplus · Accepted Answer

Autonomous consumption is the amount of consumption that occurs at zero income. In Figure 27.1.2, this is the vertical intercept of the consumption function, which is $200.

Use the Figure Below to Answer the Following Questions