-Refer to the above figure. At an income of $10,000, saving is
A) 0.
B) $13,000.
C) $3,000.
D) -$3,000.

Name: -Refer to the above figure. At an income of $10,000, saving is A) 0. B) $13,000. C) $3,000. D) -$3,000.
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Question

-Refer to the above figure. At an income of $10,000, saving is
A) 0. 
B) $13,000. 
C) $3,000. 
D) -$3,000.

Quizplus · Accepted Answer

At an income of $10,000, the saving is negative because the consumption line is above the 45-degree line, indicating that consumption exceeds income, leading to negative savings.

-Refer to the Above Figure