The vertical intercept of the consumption function that represents the portion of consumption expenditure not associated with a level of disposable income is known as:
A) zero income intercept.
B) disposable income intercept.
C) autonomous consumption.
D) automatic consumption line.

Question

Quizplus · Accepted Answer

The vertical intercept of the consumption function that represents the portion of consumption expenditure not associated with a level of disposable income is known as autonomous consumption.

The Vertical Intercept of the Consumption Function That Represents the Portion