Refer to the information provided in Figure 23.3 below to answer the question(s) that follow. Figure 23.3
-Refer to Figure 23.3. In this economy, aggregate saving will be zero if income is
A) $100 billion.
B) $200 billion.
C) $300 billion.
D) $400 billion.

Question

Refer to the information provided in Figure 23.3 below to answer the question(s) that follow.  Figure 23.3
-Refer to Figure 23.3. In this economy, aggregate saving will be zero if income is
A) $100 billion. 
B) $200 billion. 
C) $300 billion. 
D) $400 billion.

Quizplus · Accepted Answer

Aggregate saving is zero when income equals consumption, which occurs at the break-even point. In this scenario, that point is at $200 billion.

Refer to the Information Provided in Figure 23