-How Much Is Autonomous Consumption When Disposable Income Is $1200

question 220

Short Answer

$$\begin{array}{l}\begin{array} { cc } \text { Disposable Income}&{ Consumption }\\0 & \$ 300 \text { billion } \\\$ 400 \text { billion } & 600 \text { billion } \\800 \text { billion } & 900 \text { billion } \\1200 \text { billion } & 1200 \text { billion } \\1600 \text { billion } & 1500 \text { billion }\end{array}\end{array}$$
-How much is autonomous consumption when disposable income is $1200 billion?

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Definitions:

Detrimentally Changed

Refers to a negative alteration in circumstances or conditions that adversely affects someone or something.

Reasonable Belief

A person's honest conviction or acceptance that a fact or condition is true, based on factual evidence or credible information.

Authority of the Principal

The legal right or power given to an agent to act on behalf of a principal in business transactions.

Estoppel

A legal principle that prevents a person from arguing something contrary to a claim or a fact that has been previously established as the truth.