Economics · Macroeconomics - National Income and Employment
Which of the following terms is used for the expression 'C̅' (C-bar) in the consumption function equation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Induced consumption
- 2Marginal propensity to consume
- 3Autonomous Consumption✓
- 4Average propensity to consume
Correct answer
Autonomous Consumption
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