Question

In the consumption function, 200+.6y, the value of autonomous saving will be:

(a) 200 (b) -200 (c) 0.6 (d) 0.4

उपभोक्ता फलन में, 200 + .6y, स्वार्त्त बचत का म ल्र् होगा:

(a) 200 (b) -200 (c) 0.6 (d) 0.4​

Answer 1

200

Autonomous consumption refers to that consumption which occurs when there is no income in the economy. It is the minimum level of consumption that takes place in the economy. So if income is zero

Answer 2

In the consumption function, 200+.6y, the value of autonomous saving will be 200.

• In the given consumption function "6y" implies income and Autonomous consumption relates to that consumption arises when there is no income in the economy. It is the minimum level of consumption that puts up in the economy. So if income is zero then 200 + 6y = 200 + 0 = 200.
• Autonomous saving is saving by the household sector that is unrelated to and unaffected by the level of income or production. This is one of two basic classifications of saving. The other is induced saving, saving that are based on the level of income or production.
• These expenses cannot be eliminated, regardless of limited personal income, and are deemed autonomous or independent as a result.

Hence, the correct option is (a) 200

#SPJ3