In the consumption function C=Cˉ+bY, the symbol Cˉ (C-bar) denotes autonomous consumption: the amount consumed when income is zero. C is total consumption, ΔC is change in consumption, and MPC is the marginal propensity to consume.
Identify the symbol that is used to denote autonomous consumption.
CUET UG 2023 — Economics Macro
2023mcqeasy
Identify the symbol that is used to denote autonomous consumption.
Official previous-year question
Verified 13 Jul 2026.
Options
- A
Cˉ
- B
C
- C
ΔC
- D
MPC
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