-Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What does planned real saving equal when real disposable income equals $12,000?
A)0
B)600
C)3,000
D)11,400

Question

-Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. What does planned real saving equal when real disposable income equals $12,000?
A)0 
B)600 
C)3,000 
D)11,400

Quizplus · Accepted Answer

Planned real saving is the difference between real disposable income and real consumption. If real disposable income is $12,000 and real consumption is $11,400, then planned real saving is $12,000 - $11,400 = $600.

-Refer to the Above Table