In the Keynesian consumption function,if current income is equal to zero,consumption spending is equal to ________.
A)the marginal propensity to consume
B)the average propensity to save
C)autonomous consumption
D)exogenous consumption

Question

Quizplus · Accepted Answer

Autonomous consumption refers to the consumption spending that occurs even when a person has no income. Therefore, if current income is zero, consumption spending would be equal to autonomous consumption.

In the Keynesian Consumption Function,if Current Income Is Equal to Zero,consumption