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Which guideline should be used in evaluating options and reaching a consensus?
Autonomous Consumption
Represents the amount of consumption that occurs no matter the level of disposable income, indicating basic living expenses.
Disposable Income
The amount of income available to households after taxes and social security charges have been deducted, available for spending or saving.
Consumption
The total amount of goods and services consumed by households and organizations within an economy.
Autonomous Consumption
The level of consumption that occurs when income is at zero, representing the expenditures that consumers must make even when they have no income.
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