For any given consumption function, autonomous consumption is ...

[jace]

For any given consumption function, autonomous consumption is equal to the level of consumption associated with:
 a. negative disposable income.
  b. positive disposable income.
  c. zero disposable income.
  d. unstable disposable income.

Question 2

Describe the two basic philosophies of taxation fairness.

[31809pancho]

Answer to Question 1

c

Answer to Question 2

The two basic philosophies of taxation fairness are the benefits-received principle and the ability-to-pay principle. The benefits-received principle argues that those who received the benefits of government spending programs ought to be the ones who pay for those programs or public goods and services. The ability-to-pay principle argues that the rich ought to pay more taxes because they can afford to do so.