Refer to the information provided in Table 8.1 below to answer the questions that follow.
Table 8.1
-Refer to Table 8.1. At an aggregate income level of $100, aggregate saving would be
A) -$70.
B) -$30.
C) $50.
D) $70.

Question

Refer to the information provided in Table 8.1 below to answer the questions that follow.
Table 8.1 
-Refer to Table 8.1. At an aggregate income level of $100, aggregate saving would be
A) -$70. 
B) -$30. 
C) $50. 
D) $70.

Quizplus · Accepted Answer

Without the specific details from Table 8.1, we can deduce the correct answer based on standard economic principles. Typically, aggregate saving is the portion of aggregate income that is not consumed. If the aggregate income is $100 and the saving is negative, it implies consumption exceeds income. Since we cannot determine the exact saving amount without the table, we rely on the principle that a negative saving indicates dis-saving or borrowing to finance consumption beyond the income level.

Refer to the Information Provided in Table 8