Refer to the saving schedule above. Dissaving occurs when disposable income is:

Name: Refer to the saving schedule above. Dissaving occurs when disposable income is:
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Question

Quizplus · Accepted Answer

Dissaving occurs when the level of consumption exceeds disposable income. In the given saving schedule, level 2 corresponds to zero saving and any value less than level 2 would indicate dissaving. Therefore, when disposable income is less than level 2, dissaving occurs.

Refer to the Saving Schedule Above