CUET EconomicsMacro > EasyIncome is zero.Autonomous consumption is 1.The entire income is saved.The entire additional income is consumed.✅ Correct Option: 4Related questions:28 May Shift 2In the consumption equation, the slope of the consumption function is represented as:3 June Shift 2Match List-I with List-II List-IList-II(A) Inventory(I) Planned(B) Consumption(II) Actually happened(C) Ex-ante(III) Investment(D) Ex-post(IV) Household Income Choose the correct answer from the options given below:13 May Shift 2If aggregate demand changes, the equilibrium level of income changes. This can happen in any one or combination of the following situations: (A) Change in consumption. (B) Multiplier Effect. (C) Substitute Effect. (D) Change in Investment. Choose the correct answer from the options given below: