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…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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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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