Table 13-1

-Refer to Table 13-1. Negative personal saving occurs when disposable personal income is
A) equal to $300.
B) greater than $300.
C) less than $300.
D) between $300 and $400.

Question

Table 13-1
 
-Refer to Table 13-1. Negative personal saving occurs when disposable personal income is
A) equal to $300. 
B) greater than $300. 
C) less than $300. 
D) between $300 and $400.

Quizplus · Accepted Answer

Negative personal saving occurs when disposable personal income is less than personal consumption expenditures, which occurs when income is less than $300 in this table.

Table 13-1 -Refer to Table 13-1. Negative Personal Saving Occurs When Disposable