Refer to the information provided in Figure 8.2 below to answer the questions that follow. Figure 8.2
-Refer to Figure 8.2.The line segment BD represents Jerry's
A)consumption when income equals Y1.
B)saving when income equals zero.
C)saving when income is Y1.
D)consumption when income equals zero.

Question

Refer to the information provided in Figure 8.2 below to answer the questions that follow.  Figure 8.2
-Refer to Figure 8.2.The line segment BD represents Jerry's
A)consumption when income equals Y1. 
B)saving when income equals zero. 
C)saving when income is Y1. 
D)consumption when income equals zero.

Quizplus · Accepted Answer

The Answer is D

Refer to the Information Provided in Figure 8