Refer to the information provided in Figure 8.2 below to answer the questions that follow. Figure 8.2
-Refer to Figure 8.2. Positive saving occurs along the line segment
A) BC.
B) DC.
C) AC.
D) BA.

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. Positive saving occurs along the line segment
A) BC. 
B) DC. 
C) AC. 
D) BA.

Quizplus · Accepted Answer

Positive saving occurs when income exceeds consumption, which is represented by the line segment AC in a typical consumption function graph. This segment indicates the range of income levels where households are saving part of their income.

Refer to the Information Provided in Figure 8