The most volatile GDP category under the expenditure approach is:
a. wages and salaries.
b. investment.
c. consumption.
d. government purchases.
Question 2
The amount of autonomous consumption in an economy is measured by the:
a. the intercept of the consumption function when disposable income is positive.
b. the intercept of the consumption function where actual consumption is above the 45-degree line.
c. the intercept of the consumption function when disposable income is zero.
d. the intercept of the consumption function where actual consumption is below the 45-degree line.
e. the intercept of the consumption function when disposable income is negative.
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