-In the above figure, what is autonomous consumption?
A) $0.0 trillion
B) $1.0 trillion
C) $2.0 trillion
D) $3.0 trillion

Name: -In the above figure, what is autonomous consumption? A) $0.0 trillion B) $1.0 trillion C) $2.0 trillion D) $3.0 trillion
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Question

-In the above figure, what is autonomous consumption?
A) $0.0 trillion 
B) $1.0 trillion 
C) $2.0 trillion 
D) $3.0 trillion

Quizplus · Accepted Answer

Autonomous consumption is the level of consumption when income is zero, represented by the intercept of the consumption function on the consumption axis. In this case, it is $1.0 trillion.

-In the Above Figure, What Is Autonomous Consumption