Solved

-Based Upon the Above Table, Saving Equals $100 Billion When

Question 116

Multiple Choice

 Disposable income  (billions of dollars)   Consumption  exp enditure  (billions of dollars)  400450600600800750100090012001050\begin{array} { | l | l | } \hline \begin{array} { l } \text { Disposable income } \\\text { (billions of dollars) }\end{array} & \begin{array} { l } \text { Consumption } \\\text { exp enditure } \\\text { (billions of dollars) }\end{array} \\\hline 400 & 450 \\\hline 600 & 600 \\\hline 800 & 750 \\\hline 1000 & 900 \\\hline 1200 & 1050 \\\hline\end{array}
-Based upon the above table, saving equals $100 billion when disposable income equals


A) $1000 billion.
B) $800 billion.
C) $1200 billion.
D) some amount but we need more information to calculate the amount.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents