___________________ is consumption at zero level of income.

Direct consumption

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Autonomous consumption

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Indirect consumption

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Induced consumption

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Solution

The correct option is B Autonomous consumption
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 due to the requirement of the basic needs of life.

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___________________ is consumption at zero level of income.

The correct option is B Autonomous consumptionAutonomous 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 due to the requirement of the basic needs of life.

The correct option is B Autonomous consumption
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 due to the requirement of the basic needs of life.