With consumption exponentially on the vertical access and disposable income on the horizontal axis, the consumption function intersects the 45° line at 8 trillion. This result indicates that ________. 1) consumption spending is less than 8 trillion because taxes must be paid 2) autonomous consumption is 8 trillion 3) consumption spending is more than 1 trillion because taxes have been paid 4) consumption spending is 8 trillion when disposable income is 8 trillion