1. How would you explain autonomous consumption to someone outside of economics?

2. Autonomous consumption is autonomous from _?

3. Does your income in a year affect your autonomous consumption during that same year?

4. Describe something that affects auto cons?

5. Name an organization interested in estimating autonomous consumption (and why) that no other student has mentioned. (example: Mass Dept.of Welfare, how much do indigent families really need?)

6. What does the 45' line represent?

7. For any example is MPC or APC steeper?

8. As income increases, APC rises, falls or remains constant?

9. As income increases, MPC rises, falls or remains constant?

10. As income increases, does consumption or savings rise faster,EXPLAIN WHY?(choosing one gets you no points, points are earned only with explanations about %v.$change)

11. Name an item that you have dropped from your own autonomous consumption- such as a land line telephone! (your answer must be unique).

Draw a 45' line and then draw a flatter line starting above origin (+b for y=mx+b, which represents autonomous consumption). Where they intersect is the Keynesian Cross with the slope of the 45' always being 1 and the other line having a slope less than1 called MPC. Right triangles starting at origin and touching this MPC line (also called the consumption function) representAPCs. This graph is good to have on-hand.