Refer to the information provided in Table 23.1 below to answer the question(s) that follow.
Table 23.1
-Refer to Table 23.1. At an aggregate income level of $100, aggregate saving would be
A) -$70.
B) -$30.
C) $50.
D) $70.

Question

Refer to the information provided in Table 23.1 below to answer the question(s) that follow.
Table 23.1 
-Refer to Table 23.1. At an aggregate income level of $100, aggregate saving would be
A) -$70. 
B) -$30. 
C) $50. 
D) $70.

Quizplus · Accepted Answer

Aggregate saving is calculated as aggregate income minus aggregate consumption. If aggregate income is $100 and aggregate consumption is $170 (as implied by the negative saving), then aggregate saving would be -$70.

Refer to the Information Provided in Table 23