Use the following to answer questions .
Exhibit: Consumption and Disposable Personal Income
-(Exhibit: Consumption and Disposable Personal Income) When disposable personal income is $2,000 billion, consumption is
A) $400 billion.
B) $1,000 billion.
C) $1,200 billion.
D) $1,600 billion.

Question

Use the following to answer questions .
Exhibit: Consumption and Disposable Personal Income 
-(Exhibit: Consumption and Disposable Personal Income) When disposable personal income is $2,000 billion, consumption is
A) $400 billion. 
B) $1,000 billion. 
C) $1,200 billion. 
D) $1,600 billion.

Quizplus · Accepted Answer

According to the exhibit, at $2,000 billion of disposable personal income, the consumption level is around $1,200 billion. Therefore, the best choice is C, $1,200 billion.

Use the Following to Answer Questions