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Other Fields Homework Help Economics Topic started by: vellojo on Oct 21, 2016



Title: With consumption expenditure on the vertical axis and disposable income on the horizontal axis, the ...
Post by: vellojo on Oct 21, 2016
With consumption expenditure on the vertical axis and disposable income on the horizontal axis, the consumption function intersects the 45-degree line at $8 trillion. This result indicates that
A) autonomous consumption spending is $8 trillion.
B) consumption spending is less than $8 trillion because taxes must be paid.
C) consumption spending is more than $8 trillion because taxes have been paid.
D) consumption spending is $8 trillion when disposable income is $8 trillion.


Title: Re: With consumption expenditure on the vertical axis and disposable income on the horizontal axis, ...
Post by: yadera on Oct 21, 2016
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Title: Re: With consumption expenditure on the vertical axis and disposable income on the horizontal axis, the ...
Post by: vellojo on Dec 2, 2016
Everyone I encourage you to thumbs up the answer!

got it right