The figure given below shows the consumption function of a household. Figure 9.2 In Figure 9.2, at any point to the left of point B:
A)autonomous consumption is less than zero.
B)saving occurs.
C)disposable income is negative
D)consumption is greater than disposable income.
E)autonomous consumption is zero.

Question

The figure given below shows the consumption function of a household. Figure 9.2  In Figure 9.2, at any point to the left of point B:
A)autonomous consumption is less than zero. 
B)saving occurs. 
C)disposable income is negative 
D)consumption is greater than disposable income. 
E)autonomous consumption is zero.

Quizplus · Accepted Answer

The Answer of The figure given below shows the consumption function of a household. Figure 9.2  In Figure 9.2, at any point to the left of point B:
A)autonomous consumption is less than zero. 
B)saving occurs. 
C)disposable income is negative 
D)consumption is greater than disposable income. 
E)autonomous consumption is zero.

The Figure Given Below Shows the Consumption Function of a Household