Refer to Table 9.2.(Data are expressed in billions of dollars. ) Table 9.2
$\begin{array}{|r|r|r|c|c|}
\hline \begin{array}{r}
\text { Full Employment } \
\text { Income (Output) }
\end{array} & \begin{array}{c}
\text { Consumers } \
\text { Desire to Spend }
\end{array} & \begin{array}{c}
\text { Investors Desire } \
\text { to Spend }
\end{array} & \begin{array}{c}
\text { Total Private } \
\text { Spending }
\end{array} & \begin{array}{c}
\text { Total } \
\text { Saving }
\end{array} \
\hline \$ 500 & \$ 300 & \$ 250 & \$ & \$ \
\hline 600 & 375 & 250 & \$ & \$ \
\hline 700 & 450 & 250 & \$ & \$ \
\hline 800 & 525 & 250 & \$ & \$ \
\hline
\end{array}$ Given the information in Table 9.2,saving is equal to $200 billion at an output level of
A)$500 billion.
B)$600 billion.
C)$700 billion.
D)$800 billion.

Question

Quizplus · Accepted Answer

At an output level of $500 billion, consumers desire to spend $300 billion and investors desire to spend $250 billion, totaling $550 billion. Since the full employment income is $500 billion, the saving is $500 billion - $300 billion = $200 billion.

Refer to Table 9 Given the Information in Table 9