Use the following to answer questions .
Exhibit: Consumption and Disposable Personal Income
-(Exhibit: Consumption and Disposable Personal Income) When disposable personal income is $1,200 billion, consumption is
A) $600 billion.
B) $800 billion.
C) $1,200 billion.
D) $2,000 billion.

Question

Use the following to answer questions .
Exhibit: Consumption and Disposable Personal Income 
-(Exhibit: Consumption and Disposable Personal Income) When disposable personal income is $1,200 billion, consumption is
A) $600 billion. 
B) $800 billion. 
C) $1,200 billion. 
D) $2,000 billion.

Quizplus · Accepted Answer

According to the exhibit, at a disposable personal income of $1,200 billion, the level of consumption is around $800 billion. Therefore, the best choice is B.

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