Autonomous consumption isA) 0.B) 1000.C) 2000.D) 2500.E) 3000.

Question

Emily Grimes · Accepted Answer

Final Answer : C, Explanation :  Autonomous consumption is the level of consumption that occurs when income is zero. It is typically a constant value in the consumption function, and in this context, it is given as 2000.

Autonomous consumption is

A) 0.
B) 1000.
C) 2000.
D) 2500.
E) 3000.

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