When disposable income is zero,consumption expenditure is
A)negative.
B)also zero.
C)equal to induced consumption expenditure.
D)equal to autonomous consumption.
E)None of the above answers is correct.

Question

Quizplus · Accepted Answer

When disposable income is zero, consumption expenditure is equal to autonomous consumption, which is the level of consumption that occurs even when income is zero.

When Disposable Income Is Zero,consumption Expenditure Is