Use the table below to answer the following questions.
Table 11.1.1
The following table shows the relationship between consumption expenditure C) and disposable income YD) for a hypothetical economy.
-Refer to Table 11.1.1.Using the information given in the table, saving is $125 when YD equals
A)$1,300.
B)$1,000.
C)$900.
D)$1,200.
E)$1,100.

Question

Use the table below to answer the following questions.
Table 11.1.1
The following table shows the relationship between consumption expenditure C) and disposable income YD) for a hypothetical economy. 
-Refer to Table 11.1.1.Using the information given in the table, saving is $125 when YD equals
A)$1,300. 
B)$1,000. 
C)$900. 
D)$1,200. 
E)$1,100.

Quizplus · Accepted Answer

The saving is calculated as disposable income (YD) minus consumption. If saving is $125, it means that the disposable income (YD) minus consumption equals $125. The table must show that when YD is $1,100, the consumption is $975, resulting in a saving of $125 ($1,100 - $975 = $125).

Use the Table Below to Answer the Following Questions