The figure given below represents the saving function of an economy.
Figure 9.1

-Refer to Figure 9.1. At the real GDP level of $400 billion, which of the following statements is true?
A) There is dissaving.
B) Saving is equal to $10 billion.
C) Consumption is equal to disposable income.
D) The slope of the saving function is equal to zero.
E) The slope of the consumption function is equal to zero.

Question

The figure given below represents the saving function of an economy.
Figure 9.1
 
-Refer to Figure 9.1. At the real GDP level of $400 billion, which of the following statements is true?
A) There is dissaving. 
B) Saving is equal to $10 billion. 
C) Consumption is equal to disposable income. 
D) The slope of the saving function is equal to zero. 
E) The slope of the consumption function is equal to zero.

Quizplus · Accepted Answer

The Answer of The figure given below represents the saving function of an economy.
Figure 9.1
 
-Refer to Figure 9.1. At the real GDP level of $400 billion, which of the following statements is true?
A) There is dissaving. 
B) Saving is equal to $10 billion. 
C) Consumption is equal to disposable income. 
D) The slope of the saving function is equal to zero. 
E) The slope of the consumption function is equal to zero.

The Figure Given Below Represents the Saving Function of an Economy