Multiple Choice
Autonomous consumption is the level of consumption that is
A) consistent with the average standard of living.
B) observed at the poverty line.
C) independent of real income.
D) available to someone earning the minimum wage.
Correct Answer:

Verified
Correct Answer:
Verified
Q186: According to Keynes, real saving and real
Q187: The marginal propensity to save (MPS) is<br>A)
Q188: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q189: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q190: Average propensity to consume<br>A) is the same
Q192: Autonomous consumption<br>A) is the same as the
Q193: The difference between a stock and a
Q194: According to Keynes, the primary determinant of
Q195: Investment is<br>A) the purchasing of stocks and
Q196: Suppose that when disposable income increases by