-The above table has data from the nation of Atlantica.Based on these data,autonomous consumption is
A)$5.8 trillion.
B)$1.8 trillion.
C)$2.6 trillion.
D)$4.0 trillion.
E)$3.2 trillion.

Question

-The above table has data from the nation of Atlantica.Based on these data,autonomous consumption is
A)$5.8 trillion. 
B)$1.8 trillion. 
C)$2.6 trillion. 
D)$4.0 trillion. 
E)$3.2 trillion.

Quizplus · Accepted Answer

Autonomous consumption is the level of consumption when income is zero. It is the intercept of the consumption function, which is given as $1.8 trillion in the table.

-The Above Table Has Data from the Nation of Atlantica