Use the figure below to answer the following questions.
Figure 11.1.1
This figure describes the relationship between consumption expenditure and disposable income for an economy.
-Refer to Figure 11.1.1.When disposable income is $500 billion, saving is equal to

Question

Use the figure below to answer the following questions.
  Figure 11.1.1
This figure describes the relationship between consumption expenditure and disposable income for an economy.
-Refer to Figure 11.1.1.When disposable income is $500 billion, saving is equal to

Quizplus · Accepted Answer

At the level of disposable income of $500 billion, the corresponding point on the graph is at the point where the consumption expenditure (or the amount spent on goods and services) is equal to $500 billion and the saving (or the amount not spent or consumed) is equal to zero. Therefore, the correct answer is C, as saving is equal to zero at this point.

Use the Figure Below to Answer the Following Questions