Refer to the information provided in Figure 8.2 below to answer the questions that follow. Figure 8.2
-Refer to Figure 8.2. Jerry's consumption equals his income at Point
A) A.
B) B.
C) C.
D) D.

Question

Refer to the information provided in Figure 8.2 below to answer the questions that follow.  Figure 8.2
-Refer to Figure 8.2. Jerry's consumption equals his income at Point
A) A. 
B) B. 
C) C. 
D) D.

Quizplus · Accepted Answer

Jerry's consumption equals his income at Point A because at this point, the consumption line intersects the 45-degree line.

Refer to the Information Provided in Figure 8