When disposable income equals $800 billion, planned consumption expenditure equals $600 billion, and when disposable income equals $1,000 billion, planned consumption expenditure equals $640 billion. What is planned saving when disposable income is $800 billion?

Question

Quizplus · Accepted Answer

Planned saving is the difference between disposable income and planned consumption expenditure. At a disposable income of $800 billion, planned consumption is $600 billion, so planned saving is $800 billion - $600 billion = $200 billion.

When Disposable Income Equals $800 Billion, Planned Consumption Expenditure Equals