-How Much Is Autonomous Consumption When Disposable Income Is $800

question 161

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 $800 billion?

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Definitions:

Notes

Short-term financial instruments, typically in the form of a debt or loan, that require repayment of the principal and interest by the issuer.

Drafts

Preliminary versions of documents, or negotiable instruments drawn by one party (drawer) ordering another party (drawee) to pay a specified sum to a third party.

Indorsed in Blank

A signature on a negotiable instrument like a check, making it payable to whoever holds the instrument, without naming a specific endorsee.

Holder in Due Course

A party that has acquired a negotiable instrument in good faith and for value, granting them certain protections and rights under the law.