-Refer to the above figure. Autonomous consumption equals
A) 0.
B) -$5000.
C) $5000.
D) $25,000.

Question

-Refer to the above figure. Autonomous consumption equals
A) 0. 
B) -$5000. 
C) $5000. 
D) $25,000.

Quizplus · Accepted Answer

Autonomous consumption is the level of consumption when income is zero, represented by the point where the consumption function intersects the vertical axis. In the figure (not visible in this interaction), if autonomous consumption is given as $5000, it means that even when income is zero, consumption is $5000.

-Refer to the Above Figure. Autonomous Consumption Equals