(\bar{C}) in consumption function is not known as : | Economics | SolveeIt | Solveeit

Today, August 23

Question

$\bar{C}$ in consumption function is not known as :

A

Autonomous consumption Expenditure

B

Slope of consumption Function

C

Interception of the consumption Function

D

Consumption at zero level of Income

Answer

Slope of consumption Function

Explanation

Solution

The correct option is (B) :Slope of consumption Function.