-In the above figure, at an income level of Y₁ and planned expenditures of (C + I)₁, the level of autonomous investment is
A)ED.
B)EF.
C)JK.
D)GK.

Name: -In the above figure, at an income level of Y₁ and planned expenditures of (C + I)₁, the level of autonomous investment is A)ED. B)EF. C)JK. D)GK.
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Question

-In the above figure, at an income level of Y₁ and planned expenditures of (C + I)₁, the level of autonomous investment is
A)ED. 
B)EF. 
C)JK. 
D)GK.

Quizplus · Accepted Answer

The level of autonomous investment is represented by the vertical distance between the planned expenditure line and the consumption line at the income level Y₁, which is EF.

-In the Above Figure, at an Income Level of Y₁