menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 40
  4. Exam
    Exam 11: Expenditure Multipliers: They Keynesian Model
  5. Question
    -The Figure Above Illustrates an Economy's Consumption Function
Solved

-The Figure Above Illustrates an Economy's Consumption Function

Question 381

Question 381

Multiple Choice

  -The figure above illustrates an economy's consumption function. What is autonomous consumption in this economy? A)  $2 million B)  $0 C)  $3 million D)  None of the above answers is correct.
-The figure above illustrates an economy's consumption function. What is autonomous consumption in this economy?


A) $2 million
B) $0
C) $3 million
D) None of the above answers is correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: Discuss the link between real GDP and

Q235: What is unplanned investment? How does it

Q310: The positive relationship between consumption expenditure and

Q377: In a diagram with the consumption function,

Q378: When there is unplanned inventory investment, aggregate

Q379: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -In the above

Q380: Because of changes in the , the

Q383: The marginal propensity to save (MPS) is

Q386: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -In the above

Q458: If the change in autonomous investment equals

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines