Refer to the information provided in Table 8.4 below to answer the questions that follow.
Table 8.4

-Refer to Table 8.4.At an aggregate output level of $800 billion,aggregate saving
A)equals -$50 billion.
B)equals $0.
C)equals $50 billion.
D)cannot be determined from this information.

Question

Refer to the information provided in Table 8.4 below to answer the questions that follow.
Table 8.4
 
-Refer to Table 8.4.At an aggregate output level of $800 billion,aggregate saving
A)equals -$50 billion. 
B)equals $0. 
C)equals $50 billion. 
D)cannot be determined from this information.

Quizplus · Accepted Answer

According to the table, at an aggregate output level of $800 billion, aggregate saving is $50 billion. This can be seen in the row for saving when output is $800 billion. Therefore, the correct answer is C.

Refer to the Information Provided in Table 8