-Refer to the above table. The table gives the combinations of real disposable income and real consumption for a college student for a year. The break-even level of real disposable income is
A)0.
B)6,000.
C)10,000.
D)14,000.

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. The break-even level of real disposable income is
A)0. 
B)6,000. 
C)10,000. 
D)14,000.

Quizplus · Accepted Answer

The break-even level of real disposable income is where real disposable income equals real consumption, meaning the student is neither saving nor dissaving.

-Refer to the Above Table