-Refer to the above figure. The point at which saving equals zero is
A) only at point A.
B) to the left of point B.
C) only at point B.
D) to the right of point B.

Question

-Refer to the above figure. The point at which saving equals zero is
A) only at point A. 
B) to the left of point B. 
C) only at point B. 
D) to the right of point B.

Quizplus · Accepted Answer

Savings equal zero at the point where consumption equals income, which is typically represented by the intersection of the consumption function with the 45-degree line from the origin, indicating where all income is consumed with no savings. This point is identified as point B in the context of a standard diagram of consumption and savings.

-Refer to the Above Figure