Refer to the information provided in Figure 8.3 below to answer the questions that follow. Figure 8.3
-Refer to Figure 8.3. The equation for the aggregate saving function is
A) S = -60 + 0.3Y.
B) S = -200 + 0.6Y.
C) S = -140 + 0.5Y.
D) S = -80 + 0.4Y.

Question

Refer to the information provided in Figure 8.3 below to answer the questions that follow.  Figure 8.3
-Refer to Figure 8.3. The equation for the aggregate saving function is
A) S = -60 + 0.3Y. 
B) S = -200 + 0.6Y. 
C) S = -140 + 0.5Y. 
D) S = -80 + 0.4Y.

Quizplus · Accepted Answer

The equation for the aggregate saving function is S = -60 + 0.3Y. This is because the intercept is -60 and the slope is 0.3.

Refer to the Information Provided in Figure 8