Please give me correct answer and calculation Note:-Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism.Answer completely and accurate answer.Rest assured, you will receive an upvote if the answer is accurate. OOExhibit 18-2 Consumption function8Realconsumption6(trillions ofdollars per4year)As shown in Exhibit 18-2, autonomous consumption is:a. $6 trillion.b. $2 trillion.C. Od. $4 trillion.Consumption,Function245°02468Real disposable income(trillions of dollars per year)

It represents the correlation between total consumption(C) spending and disposable income(Y). It…

Answered: Real consumption 6 (trillions of…

Real consumption 6 (trillions of dollars per 4 year) As shown in Exhibit 18-2, autonomous consumption is: Consumption Function 2 45 0 2 4 6 8 Real disposable income (trillions of dollars per year)

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Production And Growth

Section: Chapter Questions

Problem 5CQQ

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Please give me correct answer and calculation Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.

OO
Exhibit 18-2 Consumption function
8
Real
consumption
6
(trillions of
dollars per
4
year)
As shown in Exhibit 18-2, autonomous consumption is:
a. $6 trillion.
b. $2 trillion.
C. O
d. $4 trillion.
Consumption,
Function
2
45°
0
2
4
6
8
Real disposable income
(trillions of dollars per year)

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