Use the following to answer questions .
Exhibit: Income and Consumption

-(Exhibit: Income and Consumption) Negative personal saving occurs when disposable personal income is
A) equal to $300.
B) greater than $300.
C) less than $300.
D) between $300 and $400.

Question

Use the following to answer questions .
Exhibit: Income and Consumption
 
-(Exhibit: Income and Consumption) Negative personal saving occurs when disposable personal income is
A) equal to $300. 
B) greater than $300. 
C) less than $300. 
D) between $300 and $400.

Quizplus · Accepted Answer

According to the exhibit, when disposable personal income is less than $300, the personal saving becomes negative. Therefore, option C is the correct choice.

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